SES AI Warned by NYSE as Stock Sinks Below $1 for 30 Days
SES is trading near its 52-week low of $0.603 (6.8% above the low).
Summary
SES AI received a NYSE delisting notice after its stock averaged below $1.00 for 30 consecutive trading days. The company has six months to cure the deficiency, likely via a reverse stock split, or face delisting.
Key Events · Legal and Risk Events · SES
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NYSE Delisting Notice Received
On July 17, 2026, the NYSE notified SES AI that its Class A common stock had closed below $1.00 on average over a consecutive 30 trading-day period, violating Section 802.01C of the NYSE Listed Company Manual.
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Six-Month Cure Period
The company has until January 17, 2027, to regain compliance. It can do so if on the last trading day of any calendar month during the cure period, the stock closes at or above $1.00 and maintains an average closing price of at least $1.00 over the preceding 30 trading days.
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Reverse Stock Split Under Consideration
SES AI stated it will consider available alternatives to cure the deficiency, including a reverse stock split that would require stockholder approval at its next annual meeting. If approved, the price condition is deemed cured if the stock promptly exceeds $1.00 and stays above that level for 30 trading days.
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Trading Continues for Now
The notice does not result in immediate delisting. The stock will continue to trade on the NYSE during the cure period, subject to compliance with other listing standards.
Analysis · SES · Manufacturing
The NYSE has formally notified SES AI that its stock price fails to meet the $1.00 minimum average closing price requirement. A six-month window is now open for the company to regain compliance, most likely through a reverse stock split that would need shareholder approval. Although the stock continues to trade for now, a delisting would be catastrophic—forcing a move to over-the-counter markets, draining liquidity, and potentially triggering defaults or financing complications. The notice lands amid a recent class action lawsuit and a declining gross margin, compounding the pressure on management to stabilize the share price.
At the time of this filing, SES was trading at $0.64 on NYSE in the Manufacturing sector, with a market capitalization of approximately $235.6M. The 52-week trading range was $0.60 to $3.73. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.