REE Automotive Receives Nasdaq Extension to Regain Compliance

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

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

Market Reality Check

$0.7673 Last Close

Volume Volume 262,317 is about 2.34x the 20-day average of 111,972, signaling elevated interest ahead of the compliance update. high

Technical Price at $0.80 is trading below the 200-day MA of $1.29, reflecting a longer-term downtrend despite the recent uptick.

Peers on Argus 1 Up

REE gained about 5.75% while key auto-parts peers like GTEC (-6.81%) and FRSX (-5.56%) declined. Only one momentum peer (CREV, +6.15%) moved up without news, indicating REE’s move appears stock-specific rather than sector-driven.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 29	Strategic partnership MOU	Positive	+5.8%	Non-binding MOU with Cascadia Motion for EDU using REEcorner technology.
Nov 18	Strategic partnership MOU	Positive	+15.8%	MOU with Mitsubishi Fuso to evaluate REE SDV platform on eCanter truck.
Nov 11	Proxy materials update	Neutral	+0.5%	Supplement to proxy statement ahead of November 13 special shareholder meeting.
Jul 03	Nasdaq deficiency notice	Negative	+4.9%	Nasdaq notification of non-compliance with $1.00 minimum bid price requirement.

Pattern Detected

Recent REE news events, including the original Nasdaq deficiency notice and strategic MOUs, have generally been followed by modest positive price reactions.

Recent Company History

Over the last six months, REE’s news flow has centered on Nasdaq listing compliance and commercial progress with partners. The July 3, 2025 minimum bid price notification outlined the initial 180-day cure period. Subsequent MOUs with Mitsubishi Fuso and Cascadia Motion highlighted technology traction and were followed by positive price moves. Today’s extension to June 29, 2026 fits into this ongoing listing-compliance narrative while the company continues to advance its SDV strategy.

Market Pulse Summary

This announcement details Nasdaq’s decision to grant REE an additional 180 days, until June 29, 2026, to cure its $1.00 minimum bid price deficiency by maintaining that level for at least 10 consecutive trading days. It underscores continued listing risk while confirming shares remain on the Nasdaq Capital Market. Investors may monitor progress toward compliance and any board decisions on tools such as a potential reverse stock split.

Key Terms

minimum bid price requirement regulatory

"extension to meet the $1 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.

reverse stock split financial

"including effecting a reverse stock split, if necessary."

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

Nasdaq Capital Market regulatory

"shares will continue to trade on the Nasdaq Capital Market under the symbol"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

software-defined vehicle (SDV) technical

"an automotive technology company that develops software-defined vehicle (SDV) technology"

A software-defined vehicle (SDV) is a car, truck or other road vehicle whose core features and user experience are controlled mainly by software rather than fixed hardware switches, allowing new capabilities to be added or improved through updates. Like a smartphone that gains new apps and features after purchase, an SDV can change functionality, unlock services and shift how makers and suppliers earn money, so investors watch for software-driven revenue, recurring services, upgrade costs and regulatory or security risks.

over-the-air upgradability technical

"Powered by secured AI and deep over-the-air upgradability, REE’s technology allows"

Over-the-air upgradability is the ability to send software or settings updates wirelessly to a device (like a car, phone, or appliance) without needing physical service visits. For investors, it matters because it lets companies fix security issues, add features, and improve products remotely—extending product life, lowering repair and recall costs, and potentially creating ongoing revenue or customer loyalty much like getting new features from an app update.

by-wire vehicle technical

"REE was the first company to FMVSS certify a full by-wire vehicle in the U.S."

A by-wire vehicle replaces traditional mechanical or hydraulic links (like steering columns, brake lines or throttle cables) with electronic sensors, computers and actuators that send signals to control the car. Think of it like swapping driver-to-car cables for a secure remote control: it enables more software updates, advanced driver aids and lighter designs, but also concentrates risks around software bugs, cybersecurity and supplier ecosystems that investors must watch.

AI-generated analysis. 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 $1 minimum bid price requirement.

On July 1, 2025, Nasdaq notified the Company that the closing bid price of its Class A 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), REE was provided an initial 180-day period through December 29, 2025 to regain compliance.

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 $1.00 per share for at least a minimum of 10 consecutive business days during the additional compliance period, in accordance with Nasdaq Listing Rule 5810(c)(3)(H), after which Nasdaq will provide written confirmation of compliance. The Company intends to monitor the closing bid price of its shares and evaluate all available options to regain compliance within the allotted timeframe, including effecting a reverse stock split, if necessary.

“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

What extension did Nasdaq grant REE (Nasdaq: REE) and through what date?

Nasdaq granted a second 180-day extension to REE’s compliance period, through June 29, 2026.

Why did REE receive a Nasdaq minimum bid price deficiency on July 1, 2025?

Nasdaq notified REE that its closing bid price was below $1.00 for 30 consecutive business days, triggering the deficiency.

What must REE (REE) achieve to regain Nasdaq compliance during the extension?

REE must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days during the extension.

Will REE’s shares remain listed and tradable during the Nasdaq compliance extension?

Yes. REE’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol REE during the extension.

What remedial actions did REE say it may consider to regain Nasdaq compliance?

The company said it will evaluate all options, including possibly effecting a reverse stock split if necessary.