US Market News
2日前
Lost Money on SES AI Corporation (SES)? Join Class Action Suit Seeking Recovery - Contact SueWallStJune 11, 2026 9:35 AM
PR Newswire (US) Critical Information: SES AI's $0.63 Per-Share Collapse Quantifies Alleged Investor Damages as Phantom Deals and Circular Revenue Schemes UnravelNEW YORK, June 11, 2026 /PRNewswire/ -- SueWallSt reminds purchasers of SES AI Corporation (NYSE: SES) securities of a pending securities class action. THE CASE: A class action seeks to recover damages for investors who purchased SES securities between January 29, 2025 and March 4, 2026. YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. See if you can recover losses or contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt. SES shares lost $0.63 per share on March 5, 2026, a single-day decline of 36.8%, closing at $1.08 after the company disclosed logistics failures and issued 2026 revenue guidance of $30 million to $35 million, roughly 35% to 42% below the $51.67 million Wall Street had expected. The lead plaintiff deadline is June 26, 2026.The March 5, 2026 Market Repricing EventThe market's reaction was swift and severe. After SES AI's after-hours earnings call on March 4, 2026, investors learned for the first time that approximately $1.5 million in Q4 2025 revenue had been pushed into 2026 due to logistics constraints that management had not previously disclosed. More damaging still, the 2026 outlook confirmed what a December 2025 short-seller report had alleged: SES AI had materially overstated its commercial trajectory.Benzinga reported on March 5 that the stock was "trading sharply lower" and that the guidance miss was "raising concerns about the pace of commercialization" across SES AI's energy storage, drone battery, and materials businesses.How Alleged Artificial Inflation Was Removed From SES SharesThe complaint contends SES shares traded at artificially inflated prices throughout the Class Period because management promoted partnerships with entities that lacked meaningful operations and allegedly generated revenue through circular transactions involving its Molecular Universe platform. The lawsuit asserts that when the market absorbed the full scope of these issues, the artificial inflation was removed from the stock price in a single trading session.Key indicators of the market impact include:SES shares fell 36.8% in one day, erasing $0.63 per share of value2026 revenue guidance missed analyst consensus by approximately $17 million to $22 millionRemaining performance obligations had dropped 92% in Q3 2025, a metric not emphasized by management at the timeThe Company's Chief Science Officer sold 500,000 shares for over $1 million in proceeds across two sales in the months preceding the corrective disclosure.Full year 2025 revenue of $21 million landed at the low end of guidance only after logistics delays pushed $1.5 million into 2026Calculate your potential recovery or call (888) SueWallSt."When companies fail to disclose material information, shareholders may suffer significant losses. The magnitude of SES AI's single-day decline reflects the gap between what was presented to the market and what was actually occurring inside the business." -- Joseph E. Levi, Esq.Join the SES recovery action or contact Joseph E. Levi, Esq. at (888) SueWallSt.ABOUT SUEWALLST -- Over the past 20 years, SueWallSt has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, SueWallSt has ranked in ISS Securities Class Action Services' Top 50 Report. The last day to move for lead plaintiff is June 26, 2026.Frequently Asked Questions About the SES LawsuitQ: How much did SES stock drop? A: Shares fell approximately 36.8%, a decline of $0.63 per share, after the company disclosed logistics constraints and issued 2026 revenue guidance well below the $51.67 million analysts expected. Investors who purchased shares during the Class Period at artificially inflated prices may be entitled to compensation.Q: What specific misstatements does the SES lawsuit allege? A: The complaint alleges SES AI made materially false or misleading statements regarding its business partnerships, revenue legitimacy, Molecular Universe platform demand, and logistics conditions during the Class Period. When the true state of affairs was revealed, the stock price declined sharply.Q: What do SES investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact SueWallSt for a free, no-obligation evaluation at jlevi@SueWallSt.com or (888) SueWallSt. No immediate action is required to remain eligible as a class member.Q: What if I already sold my SES shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.Q: How long will the lawsuit take to resolve? A: Securities class actions typically take two to four years from initial filing to resolution.Q: Can I join a different law firm's lawsuit instead? A: Multiple firms often file competing complaints. The court consolidates and appoints a single lead counsel. Contacting SueWallSt before June 26, 2026 ensures your losses are considered.CONTACT:SueWallSt
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/lost-money-on-ses-ai-corporation-ses-join-class-action-suit-seeking-recovery---contact-suewallst-302797628.htmlSOURCE SueWallSt.com Original: Lost Money on SES AI Corporation (SES)? Join Class Action Suit Seeking Recovery - Contact SueWallSt
US Market News
1週前
SES Shareholder Alert: SES AI Corporation Securities Class Action Lawsuit - Investors Should Contact SueWallStJune 4, 2026 5:33 PM
PR Newswire (US) Notice to Pension Funds, Asset Managers, and Fiduciaries Holding SES AI Positions: Phantom Deals and Circular Revenue Allegations Raise Fiduciary Review ObligationsNEW YORK, June 4, 2026 /PRNewswire/ -- Institutional investors holding positions in SES AI Corporation (NYSE: SES) during the period January 29, 2025 through March 4, 2026 may wish to evaluate lead plaintiff opportunities in a pending securities class action. Request an institutional investor loss assessment. You may also contact Joseph E. Levi, Esq. at jlevi@SueWallSt.com or (888) SueWallSt. SES shares declined $0.63 per share, or 36.8%, closing at $1.08 on March 5, 2026, after the company issued 2026 revenue guidance of $30 million to $35 million, far below the $51.67 million analyst consensus. The Court has set June 26, 2026 as the deadline to apply for lead plaintiff appointment.Notice to Institutional HoldersFund managers, pension trustees, and ERISA fiduciaries who held SES AI shares during the class period face distinct obligations when a securities fraud action is filed against a portfolio company. The allegations here are particularly significant for institutional holders because they involve claims that the company inflated its business prospects through deals with entities that allegedly lacked meaningful operations, while simultaneously generating the appearance of software revenue through circular purchasing arrangements tied to its Molecular Universe platform.Fiduciary Obligations and Recovery OptionsInstitutional investors owe a duty of prudent oversight to plan participants and beneficiaries. When credible allegations of securities fraud emerge against a portfolio holding, fiduciaries should consider:Evaluating whether the fund purchased SES AI securities at prices that were allegedly artificially inflated by phantom memoranda of understanding and overstated joint venture capabilitiesAssessing the portfolio-level impact of the 36.8% single-day decline following the March 2026 corrective disclosureReviewing whether lead plaintiff appointment would serve the fund's recovery interests, given the PSLRA's preference for institutional investors with the largest financial interestDocumenting the fund's acquisition and disposition history in SES AI securities during the class period for potential claim submissionConsidering the 92% drop in remaining performance obligations reported in Q3 2025 as an indicator of deteriorating business fundamentals that allegedly were not disclosed to investorsContact us for institutional recovery options or call (888) SueWallSt.Portfolio Impact AssessmentThe lawsuit contends that SES AI's public statements about partnerships with AISPEX, Hisun New Energy Materials, and Data Blanket created a materially misleading picture of the company's commercial trajectory. For institutional portfolios that sized positions based on announced deal pipelines totaling tens of millions of dollars, the corrective disclosure that 2026 guidance fell 35% to 42% below analyst expectations represents a quantifiable injury that may warrant active recovery efforts."Institutional investors play a critical role in securities class actions. Their participation ensures rigorous oversight of litigation on behalf of the entire class, and their documented losses frequently position them as the most effective lead plaintiff candidates under the PSLRA." -- Joseph E. Levi, Esq.INSTITUTIONAL INVESTOR REPRESENTATION -- SueWallSt provides sophisticated counsel to institutional investors evaluating lead plaintiff opportunities. The firm has recovered hundreds of millions of dollars. Ranked among ISS Top 50 for seven consecutive years.Frequently Asked Questions About the SES LawsuitQ: Who is eligible to join the SES investor lawsuit? A: Investors who purchased SES stock or securities between January 29, 2025 and March 4, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.Q: What specific misstatements does the SES lawsuit allege? A: The complaint alleges SES AI made materially false or misleading statements regarding the viability of its business partnerships, the legitimacy of Molecular Universe revenue, and the impact of logistics constraints on Q4 2025 results. When the true state was revealed, the stock price declined sharply.Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.Q: What documents do I need to make a claim? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.Q: What if I live outside the United States? A: U.S. securities class actions generally cover purchases on U.S. exchanges regardless of investor's country of residence.CONTACT:
SueWallSt
Joseph E. Levi, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
jlevi @Icons1 View original content to download multimedia:https://www.prnewswire.com/news-releases/ses-shareholder-alert-ses-ai-corporation-securities-class-action-lawsuit---investors-should-contact-suewallst-302791927.htmlSOURCE SueWallSt.com Original: SES Shareholder Alert: SES AI Corporation Securities Class Action Lawsuit - Investors Should Contact SueWallSt
US Market News
2月前
SES AI Reports First Quarter 2026 Financial ResultsApril 23, 2026 4:15 PM
Business Wire
Reports above consensus first quarter revenue of $6.7 million
Signed multiyear ESS distribution agreement with ATG EPower
Improved first quarter gross margin to 18.1% from 11.3% in fourth quarter 2025
Maintained strong liquidity position with approximately $178 million
Affirms full year 2026 revenue guidance of $30 million to $35 million
Highlights
Reported $6.7 million in the first quarter 2026 revenue, a 47% increase over $4.6 million in the fourth quarter of 2025
GAAP net loss in the first quarter 2026 of $12.1 million, or $0.04 loss per share, compared to a GAAP net loss of $17.0 million, or $0.05 loss per share in the fourth quarter 2025
Non-GAAP net loss in the first quarter 2026 of $11.1 million, or $0.03 loss per share, compared to a non-GAAP loss of $11.8 million, or $0.04 loss per share in the fourth quarter 2025
Gross margin improved to 18.1% in the first quarter 2026, from 11.3% in the fourth quarter 2025
Entered into a $20 million multiyear distribution agreement with ATG EPower, a leading North American distributor of renewable energy and energy storage solutions
Completed the conversion of the manufacturing line at the Chungju, South Korea facility from EV pouch cells to drone-format pouch cells, quickly ramping up to an annual production capacity of one million cells a year
Approximately six customers have progressed through second-phase testing of materials discovered through the Molecular Universe platform
Introduced Molecular Universe 2.5 – the fifth iteration since the 2024 launch
Secured a multiyear commitment from a major global battery manufacturer for MU’s Search in a Box product
Affirmed previously issued full year 2026 revenue guidance in a range of $30 million to $35 million
SES AI Corporation (“SES AI”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced its business results for the first quarter ended March 31, 2026 and affirmed its previously issued financial guidance for the year ending December 31, 2026.
The Company posted a Letter to Our Shareholders on its Investor Relations website, which provides a business update, details on its first quarter 2026 results, and its guidance for 2026.
Dr. Qichao Hu, Founder and CEO of SES AI, noted, “We continued to build on the positive momentum we created in 2025 with a strong start to 2026, especially from the continued execution in our Energy Storage Systems business through UZ Energy. During the quarter, we entered into a multiyear distribution agreement with ATG EPower to expand our ESS business into the North American market. Our ability to provide both hardware and an intelligent operating system that predicts battery health and reduces maintenance costs is a key differentiator for both our current and prospective customers.
“Our drone cell business continues to grow, as we completed the conversion of our manufacturing line at our Chungju, South Korea facility from EV pouch cells to drone-format pouch cells, with the converted line now ramping up to an annual capacity of approximately 1,000,000 drone cells. During the quarter, we have seen strong customer interest and began shipping sample cells to prospective defense and commercial drone customers for evaluation and qualification testing,” Dr. Hu added.
“In April, we introduced the fifth iteration of the Molecular Universe, version 2.5, which delivers upgraded capabilities across our six AI-powered workflows, and signed a major global battery manufacturer to a multiyear contract for our Search in a Box product,” stated Dr. Hu. “During the quarter, we made progress on our plan to grow revenue across our three business units, expand margins, and reduce costs, while we continue to develop our commercial pipeline to deliver on our full-year outlook.”
The Company will hold a conference call later today at 5:00 p.m. Eastern Time.
A webcast of the live conference call will be available through SES’s Investor Relations website, https://investors.ses.ai. The following link can be used to register in advance for the call: https://events.q4inc.com/attendee/998500960.
The conference call can also be accessed live over the phone by dialing the following numbers:
United States (Toll Free): 800-715-9871
International: +1 646-307-1963
Access Code: 2990899
A webcast replay will be available shortly after the call at:
https://investors.ses.ai/events-and-presentations/events/default.aspx
About SES AI:
SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world’s most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES.AI.
SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company’s website at www.ses.ai. Accordingly, investors should monitor this channel, in addition to following SES AI’s press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “will,” “goal,” “prioritize,” “plan,” “target,” “expect,” “focus,” “look forward,” “opportunity,” “believe,” “estimate,” “continue,” “anticipate,” “project” and “pursue” or the negative of these terms or similar expressions. These statements are based on the beliefs and assumptions of the management of the Company. You should not place undue reliance on these forward-looking statements. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Should one or more of a number of known and unknown risks and uncertainties materialize, or should any of our assumptions prove incorrect, our actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include, but are not limited to, among other things, risks relating to the Company’s ESS business and the ability of our products to meet customer needs, the risk that the market for the Molecular Universe platform is still emerging, and may not achieve the customer interest or growth potential that SES AI expects; risks relating to the uncertainty of achieving and maintaining profitability; risks relating to the uncertainty of meeting future capital requirements; risks relating to the integration of Shenzhen UZ Energy Co., Ltd. into the business of SES; the market for drones, robotics and air mobility, and for use of SES technology in such applications, is still emerging and may not achieve the growth potential we expect; potential supply chain difficulties; the ability to obtain raw materials, components or equipment through new or existing supply relationships; our use of artificial intelligence and machine learning may result in legal and regulatory risk; risks resulting from SES’s strategic alliances and investments; product liability and other potential litigation, regulation and legal compliance; SES’s ability to attract, train and retain highly skilled employees and key personnel; risks related to SES’s intellectual property; business, regulatory, political, operational, financial and economic risks related to SES’s business operations outside the United States; SES’s failure to satisfy certain NYSE listing requirements may result in its Class A common stock being delisted from the NYSE, which could eliminate or adversely affect the trading market for SES Class A common stock; the volatility of SES’s common stock and value of SES’s public warrants; SES has, in the past, identified material weaknesses in its internal control over financial reporting and may identify material weaknesses in the future or otherwise fail to maintain an effective system of internal controls and other factors described in our filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of our most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q and other documents that we have filed, or that we will file, with the SEC. Any forward-looking statements made by us in this press release speak only as of the date on which they are made, and subsequent events may cause these expectations to change. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260423987642/en/
For the media: pr@ses.ai
For investors: ir@ses.ai
Original: SES AI Reports First Quarter 2026 Financial Results
US Market News
2月前
SES AI Announces Chief Financial Officer TransitionApril 23, 2026 4:16 PM
Business Wire
Ray Liu, CFA, CPA, appointed Chief Financial Officer effective April 27, 2026
Jing Nealis to step down after completing Q1 2026 10-Q filing and earnings call
SES AI Corporation (“SES AI,” the “Company,” “we” or “us”) (NYSE: SES), a global leader in the development and manufacturing of AI-enhanced high-performance Li-Metal and Li-ion batteries, today announced that Jing Nealis has decided to step down from her role as Chief Financial Officer, effective April 27, 2026. Yi (Ray) Liu, CFA, CPA, has been appointed to succeed Ms. Nealis as Chief Financial Officer, also effective April 27, 2026.
Ms. Nealis joined SES AI in 2021 and has served as CFO through a period of significant transformation for the Company, including raising Series D and D+, taking SES public, the acquisition of UZ Energy and the establishment of three revenue-generating business units. She will complete the Company’s first quarter 2026 Form 10-Q filing and participate in the Q1 2026 earnings call before her departure. Ms. Nealis has agreed to remain available to the Company to support an orderly transition.
Mr. Liu brings more than 20 years of finance leadership across FP&A, strategic finance, risk management and financial reporting in global, regulated, and public company environments. Most recently, he served as North America Chief Risk and Control Officer at Adyen, a global financial technology company. At Adyen, he led the design and implementation of enterprise risk and control framework for its U.S. Federal Foreign Branch and strengthened operational and financial controls, as well as supervisory and audit examination readiness. Prior to Adyen, Mr. Liu spent over a decade at MetLife Investment Management in roles of increasing responsibility, including Director of Risk Management and Chief of Staff and Head of Finance for the firm’s international investment operations, where he led a team supporting budgeting, forecasting, and performance analytics across Asia-Pacific, Latin America, and Europe. Earlier in his career, Mr. Liu served as Director of Internal Audit at MetLife, Senior Auditor at Emerson Electric Co., and Senior Associate at PwC in Shanghai.
Mr. Liu holds an MBA in Finance and Investments from the University of Notre Dame’s Mendoza College of Business and a B.S. in Accountancy from the Shanghai University of Finance and Economics. He is a CFA Charterholder and a Certified Public Accountant licensed in New Jersey.
Dr. Qichao Hu, Founder and CEO of SES AI, said, “On behalf of the entire SES AI team, I want to thank Jing for her contributions to the Company during a pivotal period. She played an important role in our financial operations as we transitioned from a development-stage company to one with three distinct, revenue-generating business units. We respect her decision to pursue a new opportunity and wish her well.”
“We are pleased to welcome Ray to SES AI,” continued Dr. Hu. “His experience in public company financial reporting, internal controls, and risk management, combined with his track record of building scalable finance infrastructure, makes him well-suited to support SES AI as we continue to grow our business. Ray will play a key role in strengthening our finance and business intelligence operations as we execute on our 2026 plan.”
About SES AI
SES AI Corp. (NYSE: SES) is powering the future of global electric transportation on land and in the air with the world’s most advanced Li-Metal batteries. SES AI is the first battery company in the world to accelerate its pace of innovation by utilizing superintelligent AI across the spectrum of its business, from research and development; materials sourcing; cell design; engineering and manufacturing; to battery health and safety monitoring. Founded in 2012, SES AI is an Li-Metal battery developer and manufacturer headquartered in Boston and with operations in Singapore, Shanghai, and Seoul. Learn more at SES.AI.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, about us and our industry that involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our future financial or operating performance. In some cases, you can identify forward-looking statements because they contain words such as “will,” “goal,” “plan,” “target,” “expect,” “focus,” “look forward,” “opportunity,” “believe,” “estimate,” “continue,” “anticipate,” “project” and “pursue” or the negative of these terms or similar expressions. These statements are based on the beliefs and assumptions of the management of the Company. Although the Company believes that its plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, it cannot provide assurance that it will achieve or realize these plans, intentions or expectations. Some factors that could cause actual results to differ include, but are not limited to, those described in the Company’s filings with the Securities and Exchange Commission (the “SEC”), including in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of the Company’s most recently filed Annual Report on Form 10-K and Quarterly Report on Form 10-Q. Any forward-looking statements made by us in this press release speak only as of the date on which they are made. We disclaim any obligations to update or alter these forward-looking statements in the future, whether as a result of new information, future events or otherwise, except as required by law.
SES AI may use its website as a distribution channel of material company information. Financial and other important information regarding SES AI is routinely posted on and accessible through the Company’s website at www.ses.ai. Accordingly, investors should monitor this channel, in addition to following SES AI’s press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260423094018/en/
For the media: pr@ses.ai
For investors: ir@ses.ai
Original: SES AI Announces Chief Financial Officer Transition