Energy Vault Holdings Inc. Regains NYSE Listing Compliance

Energy Vault Holdings Inc., a leader in sustainable energy storage solutions, announced that it received notice from the New York Stock Exchange confirming its compliance with the minimum continued listing criteria. This compliance is based on the company's average share price exceeding $1.00 over the trailing 30 consecutive trading days, as of October 31, 2024. The development comes amidst the company's efforts to promote innovative energy storage technologies, including gravity-based, battery, and green hydrogen energy storage systems. The company's strategy is aimed at providing reliable solutions to utilities and large industrial users while addressing cost efficiency and sustainability. Energy Vault's commitment to eco-friendly practices also emphasizes the integration of waste materials to support a circular economy. This positive outcome serves to bolster investor confidence and reflects the company's ongoing adaptation to market demands.