SES AI Corp Announces NYSE Delisting Proceedings for Public Warrants

What Happened

• On August 13, 2026, SES AI Corporation announced that the New York Stock Exchange determined to commence proceedings to delist the company’s public warrants and immediately suspended trading in those warrants due to “abnormally low selling price” under Section 802.01D of the NYSE Listed Company Manual.
• Each warrant is exercisable for one share of SES AI Class A common stock at an exercise price of $11.50 (ticker: SES WS). The NYSE will apply to the SEC to delist the warrants after completing required procedures.
• Trading in SES AI’s Class A common stock (ticker: SES) will continue on the NYSE and is not affected by the warrants action, subject to the company’s compliance with other NYSE listing requirements. The 8-K was filed Aug 14, 2026 and signed by CFO Ray Liu.

Key Details

• Date of NYSE action: August 13, 2026; 8-K filed August 14, 2026.
• Affected instrument: public warrants (ticker SES WS); each exercisable for 1 share at $11.50.
• Action taken: NYSE commenced delisting proceedings and immediately suspended trading in the warrants under Section 802.01D (abnormally low selling price).
• Class A common stock (ticker SES) remains listed and tradable on the NYSE.

Why It Matters

• For warrant holders: trading has been suspended and the NYSE is seeking to delist the warrants, which can reduce liquidity and make it harder to sell or value those instruments.
• For common-stock investors: the company’s Class A shares are unaffected by this filing and continue to trade on the NYSE, but investors should monitor future filings for any related developments or additional NYSE actions.