ESS Tech, Inc. Faces NYSE Continued Listing Standard Deficiency

ESS Tech, Inc. received a notice from the NYSE stating that it did not meet the continued listing standard due to its average common stock closing price being below $1.00 over 30 trading days, with the average price at $0.98 as of June 8, 2026. This notice is a deficiency, not a delisting, and does not currently impact the stock's trading. The company intends to notify the NYSE of its plan to regain compliance within the six-month cure period. ESS is considering options, including a potential reverse stock split, to meet the minimum share price requirement. The company stated that the notice does not affect its business operations or SEC reporting requirements. Despite plans to regain compliance, there is no assurance it will be successful.