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SES AI Shareholders Face Deadline: Act Now to Recover Investment Losses

LOS ANGELES, June 03, 2026 (GLOBE NEWSWIRE) -- Investors who purchased or acquired SES AI Corporation (NYSE: SES) securities are being reminded by Glancy Prongay Wolke & Rotter LLP of the fast-approaching June 26, 2026 deadline to file a lead plaintiff motion in the ongoing class action lawsuit. The law firm is representing investors who suffered losses due to alleged securities fraud.

The class action, filed on behalf of SES AI investors, alleges that the company made false or misleading statements regarding its solid-state battery technology, business prospects, and financial condition. As the deadline draws near, investors who incurred losses are encouraged to take action to recover their investments.

Recent developments in the case have highlighted the severity of the allegations against SES AI. According to the complaint, the company's executives made optimistic statements about its technology and market prospects, which were later revealed to be overstated. This led to a significant decline in the company's stock price, causing substantial losses to investors.

Industry analysis suggests that the solid-state battery market is highly competitive, and SES AI's claims of technological superiority were likely exaggerated. The company's struggles to commercialize its technology have raised concerns about its financial sustainability. As the class action lawsuit progresses, it is likely to shed more light on the company's business practices and the accuracy of its public statements.

Looking ahead, SES AI investors are advised to closely monitor the developments in the class action lawsuit. The outcome of the case could have significant implications for the company's future prospects and its ability to recover from the current financial challenges. Investors who are considering filing a lead plaintiff motion should act promptly to avoid missing the June 26, 2026 deadline.

In conclusion, SES AI shareholders who suffered losses due to alleged securities fraud have a limited window of opportunity to recover their investments. With the deadline fast approaching, investors are urged to take immediate action and contact Glancy Prongay Wolke & Rotter LLP to discuss their options. As the class action lawsuit unfolds, it is likely to provide valuable insights into the company's business practices and the future of the solid-state battery market.