Energy Vault Meets NYSE Listing Criteria, Shares Regain Compliance.

Energy Vault Holdings has received a letter from the NYSE stating that the company has regained compliance with the minimum continued listing criteria set forth in the NYSE Listed Company Manual, based on an average share price. The company's share price had fallen below the required threshold, but has now regained compliance.

Energy Vault Holdings, Inc. (NYSE: NRGV), a leading global energy storage company, has regained compliance with the minimum continued listing criteria set forth in the NYSE Listed Company Manual. The company received written notice from the New York Stock Exchange (NYSE) on August 29, 2025, indicating that it has met the criteria based on an average share price for the trailing 30-consecutive trading days above $1.00 [1].

This development follows a period when the company's share price had fallen below the required threshold. The NYSE's notice confirms that Energy Vault's average share price for the specified period has now exceeded the $1.00 mark, finishing up 114% over the same consecutive 30-day period [1].

Energy Vault, headquartered in Westlake Village, California, specializes in developing and deploying utility-scale energy storage solutions. Its comprehensive offerings include proprietary gravity-based storage, battery storage, and green hydrogen energy storage technologies. The company's innovative technology portfolio delivers customized short-and-long-duration energy storage solutions, helping utilities, independent power producers, and large industrial energy users reduce levelized energy costs while maintaining power reliability [1].

This news is significant for investors, as it indicates that Energy Vault has successfully navigated through a challenging period and is now back on track for continued growth and compliance with listing requirements. The company's forward-looking statements, however, highlight potential risks and uncertainties, including the possibility of product defects, market acceptance, and future funding requirements [1].

For more information, investors can visit Energy Vault's official website at www.energyvault.com.

References:
[1] https://www.businesswire.com/news/home/20250903919135/en/Energy-Vault-Receives-Confirmation-Letter-from-the-NYSE-Regarding-Compliance-with-Continued-Listing-Criteria-Driven-by-Higher-Share-Price-Trading-Range