Lawsuit NOTICE: Investors who lost money with shares of SES AI Corporation (NYSE: SES) should contact the Shareholders Foundation

An investor, who purchased shares of SES AI Corporation (NYSE: SES), filed a lawsuit over alleged violations of Federal Securities Laws by SES AI Corporation in connection with certain allegedly false and misleading statements.

Investors who purchased shares of SES AI Corporation (NYSE: SES) have certain options and for certain investors are short and strict deadlines running. Deadline: June 26, 2026. NYSE: SES investors should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

Woburn, MA based SES AI Corporation develops and produces AI enhanced lithium metal and lithium-ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications.

SES AI Corporation (NYSE: SES) reported that its annual Total Revenue rose from $2.04 million in 2024 to $21.00 million in 2025, and that its Net Loss declined from $100.18 million in 2024 to $73.04 million in 2025.

On December 9, 2025, Wolfpack Research published a report entitled "SES's Dying Biz Pivoting into Another AI Pipedream? Phantom Deals and a Related Entity Whose Registered Agent Was Allegedly Part of a $1 Billion Ponzi Scheme." Among other issues, the Wolfpack report accused SES AI of using "phantom deals" to mask lost customers and a "Chat GPT wrapper" for AI initiatives. The report also alleged concerns regarding a purportedly questionable acquisition of UZ Energy and lack of progress on a joint venture with Hisun New Energy Materials. Then, on March 4, 2026, SES AI reported its fourth quarter and full year 2025 financial results. Among other items, SES AI disclosed that logistics constraints delayed shipments at the end of the year, pushing approximately $1.5 million of expected revenue into the first quarter of 2026.

Shares of SES AI Corporation (NYSE: SES) declined from $3.73 per share on October 15, 2025, to as low as $0.908 per share on March 30, 2026.

According to the complaint the plaintiff alleges on behalf of purchasers of SES AI Corporation (NYSE: SES) common shares between January 29, 2025 and March 4, 2026, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between January 29, 2025 and March 4, 2026, the defendants made materially false and/or misleading statements and/or failed to disclose that SES AI overstated its business prospects by materially overstating the expected results that could be achieved by deals with companies that have limited or no operations, that SES AI created an appearance of revenue by purchasing services in exchange for purchases of Molecular Universe, that Contrary to its positive statements regarding growth prospects, SES AI was affected by material logistics constraints in the fourth quarter of 2025 which would materially affect Q4 2025 revenues, that the foregoing called into question SES AI's growth prospects for 2026, which were confirmed due to lower-than expected 2026 revenue guidance, and that as a result, defendants' statements about SES AI's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of SES AI Corporation (NYSE: SES) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.