Energy Vault Announces Compliance with NYSE Continued Listing Criteria
04 Novembro 2024 - 9:30AM
Business Wire
Energy Vault Holdings Inc. (NYSE: NRGV) (“Energy Vault” or the
“Company”), a leader in sustainable, grid-scale energy storage
solutions, today announced that it received written notice from the
New York Stock Exchange (the “NYSE”) stating that the Company
regained compliance with the minimum continued listing criteria set
forth in Section 802.01C of the NYSE Listed Company Manual, based
upon an average share price for the trailing 30-consecutive trading
days above $1.00 on October 31, 2024.
About Energy Vault Energy Vault® develops and deploys
utility-scale energy storage solutions designed to transform the
world's approach to sustainable energy storage. The Company's
comprehensive offerings include proprietary gravity-based storage,
battery storage, and green hydrogen energy storage technologies.
Each storage solution is supported by the Company’s hardware
technology-agnostic energy management system software and
integration platform. Unique to the industry, Energy Vault’s
innovative technology portfolio delivers customized
short-and-long-duration energy storage solutions to help utilities,
independent power producers, and large industrial energy users
significantly reduce levelized energy costs while maintaining power
reliability. Utilizing eco-friendly materials with the ability to
integrate waste materials for beneficial reuse, Energy Vault’s
G-Vault™ gravity-based energy storage technology is facilitating
the shift to a circular economy while accelerating the global clean
energy transition for its customers. Please visit
www.energyvault.com for more information.
Forward-Looking Statements This press release includes
forward-looking statements that reflect the Company’s current views
with respect to, among other things, the Company’s operations and
financial performance. Forward-looking statements include
information concerning possible or assumed future results of
operations, including descriptions of our business plan and
strategies. These statements often include words such as
“anticipate,” “expect,” “suggest,” “plan,” “believe,” “intend,”
“project,” “forecast,” “estimates,” “targets,” “projections,”
“should,” “could,” “would,” “may,” “might,” “will” and other
similar expressions. We base these forward-looking statements or
projections on our current expectations, plans, and assumptions,
which we have made in light of our experience in our industry, as
well as our perceptions of historical trends, current conditions,
expected future developments and other factors we believe are
appropriate under the circumstances at the time. These
forward-looking statements are based on our beliefs, assumptions,
and expectations of future performance, taking into account the
information currently available to us. These forward-looking
statements are only predictions based upon our current expectations
and projections about future events. These forward-looking
statements involve significant risks and uncertainties that could
cause our actual results, level of activity, performance or
achievements to differ materially from the results, level of
activity, performance or achievements expressed or implied by the
forward-looking statements, including changes in our strategy,
expansion plans, customer opportunities, future operations, future
financial position, estimated revenues and losses, projected costs,
prospects and plans; the uncertainly of our awards, bookings and
backlogs equating to future revenue; the lack of assurance that
non-binding letters of intent and other indication of interest can
result in binding orders or sales; the possibility of our products
to be or alleged to be defective or experience other failures; the
implementation, market acceptance and success of our business model
and growth strategy; our ability to develop and maintain our brand
and reputation; developments and projections relating to our
business, our competitors, and industry; the ability of our
suppliers to deliver necessary components or raw materials for
construction of our energy storage systems in a timely manner; the
impact of health epidemics, on our business and the actions we may
take in response thereto; our expectations regarding our ability to
obtain and maintain intellectual property protection and not
infringe on the rights of others; expectations regarding the time
during which we will be an emerging growth company under the JOBS
Act; our future capital requirements and sources and uses of cash;
the international nature of our operations and the impact of war or
other hostilities on our business and global markets; our ability
to obtain funding for our operations and future growth; our
business, expansion plans and opportunities and other important
factors discussed under the caption “Risk Factors” in our Annual
Report on Form 10-K for the year ended December 31, 2023 filed with
the SEC on March 12, 2024, as such factors may be updated from time
to time in its other filings with the SEC, accessible on the SEC’s
website at www.sec.gov. New risks emerge from time to time, and it
is not possible for our management to predict all risks, nor can we
assess the impact of all factors on our business or the extent to
which any factor, or combination of factors, may cause actual
results to differ materially from those contained in any
forward-looking statements we may make. Any forward-looking
statement made by us in this press release speaks only as of the
date of this press release and is expressly qualified in its
entirety by the cautionary statements included in this press
release. We undertake no obligation to publicly update or review
any forward-looking statement, whether as a result of new
information, future developments or otherwise, except as may be
required by any applicable laws. You should not place undue
reliance on our forward-looking statements.
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Energy Vault Media media@energyvault.com
Investors energyvaultIR@icrinc.com
Energy Vault (NYSE:NRGV)
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