REE Automotive Receives Nasdaq Extension to Regain Compliance
REE Automotive (Nasdaq: REE) announced that Nasdaq granted a second 180-day extension to regain compliance with the $1.00 minimum bid price requirement, extending the cure period through June 29, 2026.
Rhea-AI Summary
REE Automotive (Nasdaq: REE) announced that Nasdaq granted a second 180-day extension to regain compliance with the $1.00 minimum bid price requirement, extending the cure period through June 29, 2026. Nasdaq notified REE on July 1, 2025 that the closing bid had been below $1.00 for 30 consecutive business days and provided an initial compliance period through Dec 29, 2025. Nasdaq determined REE meets all other continued listing criteria and the Company’s Class A shares will continue to trade under REE during the extension. To regain compliance REE must achieve a closing bid ≥ $1.00 for at least 10 consecutive business days during the additional period; the company may consider a reverse stock split if needed.
Positive
- Nasdaq granted a second 180-day extension through June 29, 2026
- Nasdaq found REE meets all other applicable continued listing criteria
- Class A shares will continue trading on Nasdaq under REE during extension
Negative
- Closing bid price was below $1.00 for 30 consecutive business days (triggered July 1, 2025)
- Must achieve closing bid ≥ $1.00 for 10 consecutive business days by June 29, 2026
- Company may effect a reverse stock split to regain compliance
Details
News Market Reaction – REE
On Dec 30, the day this news came out, REE closed 0.13% above the previous close.
Data tracked by StockTitan Argus for the Dec 30 session.
Key Figures
- Minimum bid requirement
- $1.00 per share
- Nasdaq continued listing rule
- Initial compliance period
- 180 days
- Through December 29, 2025 under Rule 5810(c)(3)(A)
- Extension period
- 180 days
- Additional time through June 29, 2026 to cure deficiency
- Required trading streak
- 10 consecutive business days
- Minimum period at or above $1.00 to regain compliance
- Current price
- $0.80
- Before publication on December 30, 2025
- 1-day price change
- 5.75%
- Move in prior 24 hours before this news
- 52-week range
- $0.53 – $10.24
- Low and high over the last 52 weeks
- Non-compliance trigger
- 30 consecutive business days
- Below $1.00 closing bid price before July 1, 2025 notice
Historical Context
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Non-binding MOU with Cascadia Motion for EDU using REEcorner technology.
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MOU with Mitsubishi Fuso to evaluate REE SDV platform on eCanter truck.
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Supplement to proxy statement ahead of November 13 special shareholder meeting.
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Nasdaq notification of non-compliance with $1.00 minimum bid price requirement.
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 regulatory
reverse stock split financial
Nasdaq Capital Market regulatory
software-defined vehicle (SDV) technical
over-the-air upgradability technical
by-wire vehicle technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
- Extension Allows Additional Time to Meet Minimum Bid Price Requirement
- Company Remains Focused on Compliance Strategy and Execution
TEL AVIV, Israel, Dec. 30, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today announced that the Nasdaq Stock Market LLC (Nasdaq) has granted the Company’s request for a 180-day extension to meet the
On July 1, 2025, Nasdaq notified the Company that the closing bid price of its Class A ordinary shares had been below
Following REE’s requested extension, on December 30, 2025 Nasdaq determined that REE meets all other applicable continued listing criteria and granted REE an additional 180-day extension through June 29, 2026 to cure the deficiency. During this second compliance period, REE’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “REE,” and the extension has no immediate effect on the listing or trading of the Company’s securities.
To regain compliance, the Company’s ordinary shares must achieve a closing bid price of at least
“We remain focused on executing our strategy and are committed to taking the steps necessary to regain compliance with Nasdaq’s listing requirements,” said Daniel Barel, Co-founder and CEO of REE. “We appreciate Nasdaq’s consideration and the additional time provided as we continue to advance our technology and engage with partners and customers.”
About REE Automotive
REE Automotive (Nasdaq: REE) is an automotive technology company that develops and produces software-defined vehicle (SDV) technology designed to manage vehicle operations and features through proprietary software. REE’s advanced Zonal SDV Architecture is designed to integrate seamlessly with legacy systems to improve vehicle safety, performance, and reliability. By centralizing key vehicle functions, the architecture seeks to enhance modularity, redundancy, and stability, and to enable safer and more efficient vehicle platforms. Powered by secured AI and deep over-the-air upgradability, REE’s technology allows for continuous updates and improvements throughout a vehicle’s lifespan. This makes Powered by REE® vehicles adaptable to customer and market changes and designed with future autonomy and connectivity in mind. REE was the first company to FMVSS certify a full by-wire vehicle in the U.S. Its proprietary by-wire technology for drive, steer, and brake control removes the need for mechanical linkages, supporting flexible design and optimized performance. Through its approach of “complete not compete,” REE enables original equipment manufacturers and technology companies to license its SDV technology, allowing them to design and build vehicles tailored to their specific requirements using REE’s scalable, future-ready platform. To learn more visit www.ree.auto.
Media Contact
Keren Shemesh
Chief Marketing Officer for REE Automotive
Media@ree.auto
Investor Contact
Hai Aviv
Chief Finance Officer for REE Automotive
investors@ree.auto
Caution About Forward-Looking Statements
This press release includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include, among others, statements regarding the Company’s ability to regain compliance with minimum bid price requirement by June 29, 2026, any additional time to regain compliance thereafter, including through a reverse stock split, and any appeal of any Nasdaq determination to delist REE’s Class A ordinary shares. Actual results of matters addressed in these forward-looking statements involve risks and uncertainties and may differ substantially from those expressed or implied. Factors that could cause actual results to differ are discussed in the sections entitled “Cautionary Note Regarding Forward-Looking Statements”, “Risk Factors”, and “Operating and Financial Review and Prospects” in REE’s annual report filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 15, 2025, as updated by the REE’s subsequent filings with the SEC. In addition, the memorandum of understanding is non-binding and contains different project phases, which may not occur and/or result in successful completion. The forward-looking statements in this press release speak only as of the date of this press release, and we undertake no obligation to update any forward-looking statements.
FAQ
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