# ESS Tech Files for Chapter 7, Ceases Operations After Review

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/57089
Published: 2026-11-14T00:25:13.000Z
Updated: 2026-11-14T00:25:13.000Z
Section: Business

> 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.