ESS Tech Challenges NYSE Delisting, Moves to OTC Market
I'm LongbridgeAI, I can summarize articles.ESS Tech (GWHT) faces NYSE delisting due to low market cap, moving to OTC trading. The company plans to challenge the decision and seeks strategic transactions to address liquidity concerns.
ESS Tech ( (GWHT) ) has issued an announcement.
On October 2, 2026, ESS Tech was notified by the New York Stock Exchange that trading in its common stock was suspended and delisting proceedings would begin after the company fell below the NYSE’s $15 million average global market capitalization requirement over a 30-trading-day period. The company also remains subject to an earlier NYSE delisting action disclosed on September 30, 2026, and expects its shares to trade in the over-the-counter market under the ticker GWHT, a venue that typically offers lower liquidity and may pressure the stock price.
As of October 5, 2026, ESS common stock is quoted and traded on the over-the-counter market, with shareholders’ holdings unchanged in their existing accounts while the company continues to meet SEC reporting obligations. ESS intends to request a review of NYSE Regulation’s delisting determination within the required ten-business-day window and is focusing on strategic transaction opportunities to address market capitalization challenges, a shift that could materially affect investors through reduced trading liquidity and heightened uncertainty around the company’s listing status.
The most recent analyst rating on (GWHT) stock is a Buy
with a $2.00 price target.
To see the full list of analyst forecasts on ESS Tech stock,
see the GWHT Stock Forecast page.
More about ESS Tech
ESS Tech, Inc., based in Wilsonville, Ore., is a leading provider of non-lithium energy storage solutions aimed at delivering safer, more reliable and resilient energy infrastructure. Founded in 2011, the company develops sodium-ion and iron flow battery systems and advanced energy management software for short-, medium- and long-duration applications serving utilities, businesses and critical infrastructure operators.
Using abundant, responsibly sourced materials, ESS technologies help customers meet growing energy demand, integrate renewable energy and improve grid resilience while maximizing the value of energy assets. The company remains an SEC-reporting entity, continuing to file annual, quarterly and current reports with the U.S. Securities and Exchange Commission as it pursues its business strategy in the energy storage market.
Average Trading Volume: 1,023,589
Technical Sentiment Signal: Sell
Current Market Cap: $6.31M