REE Automotive Announces Receipt of Nasdaq Delisting Notice

REE Automotive (Nasdaq: REE) received a Nasdaq delisting determination after failing to regain compliance with Listing Rule 5550(a)(2) on the $1.00 minimum bid price.

Rhea-AI Summary

REE Automotive (Nasdaq: REE) received a Nasdaq delisting determination after failing to regain compliance with Listing Rule 5550(a)(2) on the $1.00 minimum bid price. Trading of its Class A ordinary shares will be suspended on July 7, 2026.

Nasdaq will then file Form 25-NSE to remove the shares from listing and registration.

Positive

• None.

Negative

• Nasdaq to suspend REE share trading on July 7, 2026
• Failure to regain $1.00 minimum bid price after two 180-day periods
• Nasdaq to file Form 25-NSE removing REE from listing and registration
• Company will not request a Nasdaq Hearings Panel review by July 7, 2026

Market Context

The imminent suspension of Nasdaq trading on July 7, 2026 heightens listing and liquidity risk for R...

Analysis

The imminent suspension of Nasdaq trading on July 7, 2026 heightens listing and liquidity risk for REE. Past filings already flagged severe cash pressure and strategic review efforts, while insider activity has skewed to net selling, keeping financing outcomes central to watch.

Key Figures

Minimum bid price: $1.00 per share Non-compliance period: 30 consecutive business days Initial cure period: 180 days +5 more

Minimum bid price

$1.00 per share

Nasdaq Listing Rule 5550(a)(2) requirement

Non-compliance period

30 consecutive business days

Bid below $1.00 from May 15, 2025 through June 27, 2025

Initial cure period

180 days

Compliance window through December 29, 2025

Additional extension

180 days

Extended cure period through June 29, 2026

Delisting notice date

June 30, 2026

Nasdaq Delisting Determination sent

Trading suspension date

July 7, 2026

Ordinary Shares to be suspended from Nasdaq Capital Market

Hearing request deadline

July 7, 2026

Last date to request Nasdaq Hearings Panel review

Listing rule reference

Rule 5550(a)(2)

Nasdaq minimum bid price continued listing standard

Historical Context

1 past event · Latest: Jan 07

1 event

1. Jan 07

   Board appointment

   24h Move

   -0.6%

   New chairman appointed with prior leadership experience at Hitachi America.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

minimum bid price requirement, nasdaq hearings panel, form 25-nse

3 terms

minimum bid price requirement regulatory

"below $1.00 per share (the “Minimum Bid Price Requirement”)"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

nasdaq hearings panel regulatory

"The Company may request a hearing before the Nasdaq Hearings Panel"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

form 25-nse regulatory

"Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission"

Form 25‑NSE is an official filing used to notify the stock exchange that a company’s securities are being removed from trading on that exchange, similar to handing in a key when a shop closes. Investors care because removal ends public trading on that venue, often cutting liquidity and making it harder to buy or sell shares, which can affect a stock’s price and how quickly investors can access cash or exit positions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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TEL AVIV, Israel, July 03, 2026 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology, today announced that it has received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that due to the fact that it  has not regained compliance with Nasdaq Listing Rule 5550(a)(2), the Nasdaq staff has determined to delist the Company’s Class A ordinary shares (the “Ordinary Shares”) from The Nasdaq Capital Market (the “Delisting Determination”) and its Ordinary Shares will be suspended from trading on the Nasdaq Capital Market on July 7, 2026.

As previously reported, the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2), as the closing bid price for its Ordinary Shares was below $1.00 per share (the “Minimum Bid Price Requirement”) for 30 consecutive business days beginning on May 15, 2025 through June 27, 2025. On July 1, 2025, Nasdaq notified the Company that the closing bid price of its Ordinary Shares had been below $1.00 for 30 consecutive business days, triggering a deficiency under the Minimum Bid Price Requirement. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided an initial 180-day period, through December 29, 2025, to regain compliance. On December 30, 2025, Nasdaq determined that REE met all other applicable continued listing criteria and was therefore eligible for an additional 180-day extension, through June 29, 2026, to cure the deficiency. Because the Company has not regained compliance with the Minimum Bid Price Requirement during the additional 180-days compliance period, Nasdaq sent the Delisting Determination on June 30, 2026.

The Company may request a hearing before the Nasdaq Hearings Panel by July 7, 2026, but does not intend to do so. The trading of the Company’s Ordinary Shares will be suspended on the Nasdaq Capital Market at the opening of business on July 7, 2026, and Nasdaq will file a Form 25-NSE with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on Nasdaq.

About REE Automotive

REE Automotive (Nasdaq: REE) is an automobile technology company that develops and produces cutting edge software-defined vehicle, or SDV, technology that manages vehicle operations and features through proprietarily-developed software, enabling what we believe to be safer, more modular, and better performing vehicles. Our advanced SDV technology utilizes zonal architecture to enhance redundancy and stability and it contains the capabilities for updates and improvements over-the-air throughout an SDV’s lifespan. This makes Powered by REE® vehicles highly adaptable to customer and market changes and our technology is designed in an effort to be future proofed, autonomous capable. As the first company to FMVSS certify a full by-wire vehicle in the U.S., REE’s proprietary by-wire technology for drive, steer and brake control eliminates the need for mechanical connection. Our approach of “complete not compete” allows original equipment manufacturers, or OEMs, and technology companies to license our technology in order to design and build vehicles reliant upon our SDV technology to their specific requirements and needs. To learn more about REE Automotive’s patented technology and unique value proposition that position the Company to break new ground in e-mobility, visit www.ree.auto.

Media Contact
Keren Shemesh
Chief Marketing Officer for REE Automotive
info@REE.auto

Investor Contact
Hai Aviv
Chief Finance Officer for REE Automotive
investors@REE.auto

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why is REE (Nasdaq: REE) being delisted from Nasdaq?

REE is being delisted because it did not regain compliance with Nasdaq Listing Rule 5550(a)(2) on the $1.00 minimum bid price. According to REE, its shares stayed below $1.00 for required periods despite two 180-day compliance extensions.

When will REE stock be suspended from trading on the Nasdaq Capital Market?

REE’s Class A ordinary shares will be suspended from trading on the Nasdaq Capital Market at the opening of business on July 7, 2026. According to REE, this follows Nasdaq’s June 30, 2026 delisting determination after the extended compliance period ended.

What Nasdaq listing rule did REE fail to meet leading to delisting?

REE failed to meet Nasdaq Listing Rule 5550(a)(2), which requires a minimum $1.00 bid price. According to REE, its closing bid price stayed below $1.00 for 30 consecutive business days and it did not cure this deficiency during two 180-day grace periods.

Did REE request a Nasdaq hearing to appeal the delisting of REE shares?

REE may request a hearing before the Nasdaq Hearings Panel by July 7, 2026, but does not intend to do so. According to REE, it will allow the delisting process to proceed without seeking panel review or further extensions.

What happens after Nasdaq files Form 25-NSE for REE (symbol REE)?

After trading suspension, Nasdaq will file Form 25-NSE with the SEC to remove REE’s securities from Nasdaq listing and registration. According to REE, this filing comes after the July 7, 2026 suspension and formalizes the delisting from the Nasdaq Capital Market.

What was the compliance timeline leading to the REE Nasdaq delisting notice?

Nasdaq first noted REE’s bid-price deficiency on July 1, 2025, then granted an initial 180-day cure period to December 29, 2025 and a second to June 29, 2026. According to REE, failure to regain compliance led to the June 30, 2026 delisting determination.