Deadline Approaching: SES AI Corporation (SES) Shareholders Who Lost Money Urged to Contact Law Offices of Howard G. Smith

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith reminds investors of the upcoming June 26, 2026 deadline to file a lead plaintiff motion in the case filed on behalf of investors who purchased SES AI Corporation (“SES AI” or the “Company”) (NYSE: SES) securities between January 29, 2025 and March 4, 2026, inclusive (the “Class Period”).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SES AI CORPORATION (SES), CONTACT THE LAW OFFICES OF HOWARD G. SMITH TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [e-mail], by telephone at [phone] or visit our website at www.howardsmithlaw.com.

What Happened?

On December 9, 2025, Wolfpack Research published a report alleging, among other things, that SES AI “promoted an AI product (“Molecular Universe”) that looks . . . like a Chat GPT wrapper to distract from its impending loss of two major customers, Honda and Hyundai, at the end of 2025” and that “[t]o replace this massive hold in their income statement, SES has purchased UZ Energy, a Chinese Energy Storage System (ESS) provider” which “appears to have little American presence.”

Then, on March 4, 2026, SES AI released its fourth quarter and full year 2025 financial results, announcing 2026 revenue guidance below market expectations.

On this news, SES AI’s stock price fell $0.63, or 36.8%, to close at $1.08 per share on March 5, 2026, thereby injuring investors.

What Is the Lawsuit About?

The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) 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; (2) SES AI created an appearance of revenue by purchasing services in exchange for purchases of Molecular Universe; (3) 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; (4) the foregoing called into question SES AI’s growth prospects for 2026, which were confirmed due to lower-than expected 2026 revenue guidance; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired SES AI securities during the Class Period, you may move the Court no later than June 26, 2026 to ask the Court to appoint you as lead plaintiff if you meet certain legal requirements.

Contact Us to Participate or Learn More:

If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

Law Offices of Howard G. Smith
3070 Bristol Pike, Suite 112
Bensalem, Pennsylvania 19020
Telephone: [phone]
Email: [e-mail]
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

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