SES AI Corp Files 8-K on Financial Results and Operations
Ticker: SES-WT · Form: 8-K · Filed: Feb 26, 2024 · CIK: 1819142
| Field | Detail |
|---|---|
| Company | Ses Ai Corp (SES-WT) |
| Form Type | 8-K |
| Filed Date | Feb 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**SES AI Corp just dropped an 8-K on their financials, so keep an eye out for the details!**
AI Summary
SES AI Corp filed an 8-K on February 26, 2024, to report on its results of operations and financial condition, as well as to include financial statements and exhibits. The filing indicates a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, with the earliest event reported also on February 26, 2024. The company, based in Woburn, MA, has a commission file number of 001-39845.
Why It Matters
This filing provides an update on SES AI Corp's financial health and operational performance, which is crucial for investors to assess the company's current standing and future prospects.
Risk Assessment
Risk Level: medium — This 8-K is a standard disclosure of financial information and does not inherently indicate a high or low risk event without further context of the disclosed results.
Key Players & Entities
- SES AI Corp (company) — registrant
- February 26, 2024 (date) — date of report and earliest event reported
- Woburn, MA (location) — business address
- 001-39845 (string) — commission file number
- 339-298-8750 (string) — business phone number
FAQ
What is the purpose of this 8-K filing by SES AI Corp?
The 8-K filing by SES AI Corp is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically reporting on Results of Operations and Financial Condition and including Financial Statements and Exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 26, 2024.
What is the business address of SES AI Corp as stated in the filing?
The business address of SES AI Corp is 35 Cabot Road, Woburn, MA 01801.
What is the Commission File Number for SES AI Corp?
The Commission File Number for SES AI Corp is 001-39845.
What was the former name of SES AI Corp?
The former name of SES AI Corp was Ivanhoe Capital Acquisition Corp., with the name change occurring on 20200723.
Filing Stats: 585 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-02-26 16:15:43
Key Financial Figures
- $0.0001 — hich registered Class A common stock, $0.0001 par value per share SES The New Yor
- $11.50 — A common stock at an exercise price of $11.50 per share SES WS The New York Stock
Filing Documents
- ses-20240226x8k.htm (8-K) — 44KB
- ses-20240226xex99d1.htm (EX-99.1) — 295KB
- ses-20240226xex99d2.htm (EX-99.2) — 25KB
- ses-20240226xex99d1002.jpg (GRAPHIC) — 71KB
- ses-20240226xex99d1003.jpg (GRAPHIC) — 8KB
- ses-20240226xex99d1004.jpg (GRAPHIC) — 1KB
- ses-20240226xex99d1005.jpg (GRAPHIC) — 8KB
- ses-20240226xex99d1007.jpg (GRAPHIC) — 10KB
- ses-20240226xex99d1008.jpg (GRAPHIC) — 2KB
- ses-20240226xex99d1009.jpg (GRAPHIC) — 2KB
- ses-20240226xex99d1011.jpg (GRAPHIC) — 74KB
- ses-20240226xex99d1012.jpg (GRAPHIC) — 7KB
- ses-20240226xex99d1013.jpg (GRAPHIC) — 28KB
- ses-20240226xex99d1014.jpg (GRAPHIC) — 9KB
- ses-20240226xex99d1015.jpg (GRAPHIC) — 51KB
- ses-20240226xex99d1016.jpg (GRAPHIC) — 8KB
- ses-20240226xex99d1018.jpg (GRAPHIC) — 12KB
- ses-20240226xex99d1019.jpg (GRAPHIC) — 73KB
- ses-20240226xex99d1020.jpg (GRAPHIC) — 79KB
- ses-20240226xex99d1021.jpg (GRAPHIC) — 12KB
- ses-20240226xex99d1023.jpg (GRAPHIC) — 3KB
- ses-20240226xex99d1024.jpg (GRAPHIC) — 3KB
- ses-20240226xex99d1025.jpg (GRAPHIC) — 10KB
- 0001819142-24-000011.txt ( ) — 1204KB
- ses-20240226.xsd (EX-101.SCH) — 4KB
- ses-20240226_def.xml (EX-101.DEF) — 13KB
- ses-20240226_lab.xml (EX-101.LAB) — 24KB
- ses-20240226_pre.xml (EX-101.PRE) — 15KB
- ses-20240226x8k_htm.xml (XML) — 7KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 26, 2024, SES AI Corporation (the "Company") released a letter to its shareholders, which includes a business update and the Company's financial results for the fiscal quarter and fiscal year ended December 31, 2023. A copy of the letter to shareholders is furnished herewith as Exhibit 99.1. On February 26, 2024, the Company issued a press release announcing the release of the letter to shareholders. A copy of the press release is furnished herewith as Exhibit 99.2. The information contained in this Item 2.02 and in the accompanying Exhibits 99.1 and 99.2 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly incorporated by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Shareholder Letter dated February 26, 2024 99.2 Press release dated February 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SES AI Corporation Date: February 26, 2024 By: /s/ Jing Nealis Name: Jing Nealis Title: Chief Financial Officer