Add as a preferred source on GoogleESS Tech Files for Chapter 7, Ceases Operations After Review
The company’s shares were delisted from the New York Stock Exchange in early October, later traded over the counter as GWHT and closed at $0.07 Friday.
ESS Tech, Inc. disclosed Friday, Nov. 13, that it had filed for Chapter 7 bankruptcy and ceased operations after reviewing strategic alternatives.
Before the shutdown, the company’s products included sodium-ion batteries for energy storage over short and medium periods. ESS Tech described the batteries as an alternative to lithium-ion technology and said they could reduce reliance on constrained critical minerals.
The New York Stock Exchange delisted ESS Tech’s shares in early October. They later traded over the counter under ticker GWHT and closed at $0.07 Friday.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.