SES

Event Announcement: Gabelli Funds, LLC will host the 11th Annual Waste & Sustainability Symposium on April 3, 2025, at the Harvard Club in New York City, featuring presentations from senior management of leading companies in the waste and sustainability sectors.

Agenda Highlights: The symposium will include discussions on industry dynamics, new technologies, and company fundamentals with various speakers from notable companies such as Republic Services, Waste Management, and Loop Industries.

Event Announcement: Gabelli Funds, LLC will host the 11th Annual Waste & Sustainability Symposium on April 3, 2025, at the Harvard Club in New York City, featuring presentations from senior management of leading companies in the waste and sustainability sectors.

Agenda Highlights: The symposium will include discussions on industry dynamics, new technologies, and company fundamentals, with notable speakers from various companies such as Republic Services, Waste Management, and Loop Industries.

Penny Stocks to Watch: AirNet Technology, NanoVibronix, and SES AI Corporation are highlighted as top penny stocks on March 18, 2025, based on their high Dollar Volume and significant stock price increases.

Company Highlights: AirNet Technology is expanding into Bitcoin mining, NanoVibronix reported positive study results for its UroShield device, and SES AI Corporation is addressing compliance issues with the NYSE regarding its stock price.

Precision BioSciences Stock Surge: Shares of Precision BioSciences rose 10.8% to $5.58 in pre-market trading after the U.S. FDA cleared its investigational new drug application for PBGENE-HBV, aimed at treating chronic hepatitis B.

Pre-Market Trading Highlights: Several stocks experienced significant movements in pre-market trading, with notable gainers including NanoVibronix (up 42.3%) and Lytus Technologies (up 36.7%), while losers included Fold Holdings (down 18.8%) and Incyte Corporation (down 15.3%).

SES AI Corporation Compliance Issue: SES AI received a notice from the NYSE for not maintaining the required average closing stock price of $1.00, giving them a six-month period to regain compliance.

Company Overview: SES AI is a leader in AI-enhanced Li-Metal and Li-ion batteries, focusing on electric transportation and utilizing advanced AI across its operations, with headquarters in Boston and additional locations in Asia.

Compliance Issue with NYSE: SES AI has been notified by the New York Stock Exchange that it is not in compliance due to its Class A common stock closing price being below $1.00 for 30 consecutive trading days.

Response Plan: SES AI plans to respond to the NYSE within 10 business days regarding its intent to address the compliance issue and meet listing requirements.

U.S. Stock Futures: U.S. stock futures rose on Wednesday as investors anticipated quarterly earnings from Nvidia, a leading company in artificial intelligence.

Premarket Movers: The article highlights significant premarket movements in U.S. stocks ahead of the earnings report.

Company Performance and Future Outlook: SES AI Corporation reported its fourth quarter and full year 2024 results, marking a significant transformation as it transitioned from an EV-only battery player to a leader in various battery chemistries enhanced by AI. The company anticipates revenue between $15 million to $25 million for 2025, driven by new applications in humanoid robotics and battery energy storage systems.

Leadership Statements and Conference Call: Founder and CEO Dr. Qichao Hu highlighted the company's achievements and commercialization strategies in a letter to shareholders, while a conference call is scheduled to discuss these results and future plans, accessible via their Investor Relations website.

Pre-Earnings Options Activity: SES AI Corp shows normal pre-earnings options volume with calls outpacing puts at a ratio of 25:1, and the market anticipates a price move of approximately 19.3% following the earnings report.

Recent Developments: SES AI has announced several significant updates, including a new agreement with ATP Media, regained compliance with NYSE requirements, and preliminary Q4 revenue projections between $1.5M and $2M.

SES AI Corporation Compliance: SES AI has regained compliance with the NYSE's minimum share price requirement, as confirmed by a letter from the exchange dated February 3, 2025.

Company Overview and Risks: SES AI is a leader in Li-Metal battery technology, utilizing AI for innovation, but faces various risks including market uncertainties, supply chain challenges, and potential legal issues related to its operations.

Preliminary Revenue Results: SES AI Corporation anticipates fourth quarter revenue between $1.5 million and $2.0 million, driven by new contracts for AI-enhanced battery applications and expects year-end liquidity of $260 million to $265 million with no debt.

Upcoming Financial Release: The company will announce its 2024 fourth quarter and full year results on February 25, 2025, along with initial guidance for 2025, which will include projected revenue based on recent contracts and opportunities in battery energy storage systems.

Fourth Quarter Revenue Expectations: SES AI expects to report fourth quarter revenue between $1.5 million and $2.0 million, with anticipated year-end liquidity of $260 million to $265 million and no outstanding debt for 2024.

Upcoming Financial Reports: The company will release its fourth quarter and full year business results along with initial guidance for 2025 on February 25, 2025.

Partnership Announcement: SES AI Corporation has signed a non-binding Memorandum of Understanding with AISPEX to provide high-performance battery energy storage solutions, targeting a purchase order pipeline of up to $45 million and an initial deployment of 30 MWh for a crypto mining site in Texas by 2025.

Market Potential: SES AI's CEO highlighted the significant market opportunity in energy storage, particularly driven by the growth of crypto mining and data centers in the U.S., which he believes is over ten times larger than the electric vehicle market.

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SES AI's Purchase Order: SES AI Corporation has received a significant order from Data Blanket for AI-enhanced Li-Metal and Li-ion batteries to support AI-driven drones used in forest fire management and border patrol, with deliveries expected by mid-2025.

CEO Statements: Both SES AI's CEO Qichao Hu and Data Blanket's CEO Omer Bar-Yohay emphasized the importance of these advanced batteries for enhancing drone operations, safety, and efficiency in challenging environments.

SES AI Corporation Contracts: SES AI has secured contracts worth up to $10 million with two global OEM partners to develop electrolyte materials for Li-Metal and Li-ion batteries, utilizing AI technology for material discovery.

Market Reaction: Following the announcement, SES shares rose by 20% in premarket trading, reflecting investor confidence in the company's innovative approach and potential revenue streams from these agreements.

Major Contracts for AI in Battery Development: SES AI Corporation has secured contracts worth up to $10 million with global OEM partners to utilize AI for developing new electrolyte materials for Li-Metal and Li-ion batteries, expected to generate revenue starting in late 2024 through mid-2025.

Innovation in Battery Technology: The company is leveraging superintelligent AI across its operations, marking a significant advancement in battery material discovery, following their recent achievement of creating the first battery using an AI-discovered electrolyte for drones and robotics.

AI Application in Battery Material Discovery: SES AI Corporation has secured contracts worth up to $10M with major global OEM partners to utilize AI for developing new electrolyte materials for Li-Metal and Li-ion batteries aimed at automotive applications.

Financial Impact and Stock Movement: The revenue from these contracts is expected to be partially recognized in Q4 2024 and through the first half of 2025, leading to a 3% rise in SES shares during premarket trading.

Insider Trading Activity: Jing Nealis, CFO of $SES, sold 50,000 shares on January 16, 2025, representing about 2.5% of their holdings, leaving them with 1,935,322 shares. In the past six months, there have been 53 insider sales and no purchases of $SES stock.

Institutional Investor Movements: Over the last quarter, 53 institutional investors increased their positions in $SES while 22 reduced theirs, indicating mixed sentiment among larger shareholders.

NASDAQ 100 Pre-Market Performance: The NASDAQ 100 Pre-Market Indicator is down by 0.65 points, with a total pre-market volume of over 350 million shares traded.

Active Stocks in Pre-Market: Notable active stocks include fuboTV Inc. (+0.70), Immuneering Corporation (+2.48), and NVIDIA Corporation (+3.42), while Direxion Daily TSLA Bull 2X Shares is down by 1.10.