From TokenPost · · 40s
ESS Tech Files for Chapter 7 Bankruptcy
ESS Tech ceases operations after filing for Chapter 7 bankruptcy.
In brief
ESS Tech ceases operations after filing for Chapter 7 bankruptcy. ESS Tech filed for Chapter 7 bankruptcy and ceased operations after reviewing strategic alternatives. Originally reported by TokenPost.
ESS Tech Filing
ESS Tech disclosed it filed for Chapter 7 bankruptcy and ceased operations after reviewing strategic alternatives.
Product Focus
The company’s products included sodium-ion batteries for short and medium energy storage periods as an alternative to lithium-ion technology.
Stock Status
The New York Stock Exchange delisted ESS Tech’s shares in early October, trading over the counter under ticker GWHT at $0.07.
The big picture
ESS Tech filed for Chapter 7 bankruptcy and ceased operations after reviewing strategic alternatives.
