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Stock impact report

Energy Vault Holdings, Inc. Receives Notice of Non-Compliance With Continued Listing Standard from NYSE [Yahoo! Finance]

Energy Vault Holdings, Inc. (NRGV) 
Company Research Source: Yahoo! Finance
Under NYSE rules, Energy Vault has a period of six months from receipt of the notice to regain compliance with the NYSE minimum stock price listing requirement. Energy Vault plans to notify the NYSE by September 27, 2024 of its intent to cure the stock price deficiency and return to compliance with the NYSE continued listing standards. Energy Vault intends to consider available alternatives, subject to stockholder approval, no later than at Energy Vault's next annual meeting of stockholders, if necessary, to cure the stock price non-compliance. Under the NYSE's rules, if Energy Vault determines that it will cure the stock price deficiency by taking an action that will require stockholder approval at its next annual meeting of stockholders, the price condition will be deemed cured if the price promptly exceeds $1.00 per share, and the price remains above that level for at least the following 30 trading days. Energy Vault's common stock will continue to be listed and trade on the N Show less Read more
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