Energy Vault Holdings, Inc., a global energy storage company, has announced that it received a notice from the New York Stock Exchange (NYSE) on April 16, 2025, indicating that the company is currently not in compliance with the NYSE’s continued listing standards. The issue stems from Energy Vault’s average closing stock price, which remained below $1.00 over a consecutive 30 trading-day period—falling short of the minimum price requirement set by the exchange.
According to NYSE regulations, companies that fall out of compliance due to stock price have a six-month window to resolve the issue and restore compliance. Energy Vault has stated that it intends to formally notify the NYSE by May 1, 2025, of its plans to address the deficiency and bring the share price back in line with the listing requirements. To resolve the situation, Energy Vault is considering a…
