REE Automotive (REE) Class A shares to be removed from Nasdaq listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
REE Automotive Ltd. is having its Class A Ordinary Shares removed from listing and registration on the Nasdaq Stock Market LLC. Nasdaq submitted a Form 25 notification under Section 12(b) of the Securities Exchange Act of 1934, stating it has complied with its own rules and the requirements of 17 CFR 240.12d2-2(b) and (c) governing the withdrawal of this class of securities from listing and registration.
Positive
- None.
Negative
- Nasdaq delisting of Class A Ordinary Shares – REE Automotive Ltd.’s Class A Ordinary Shares are being removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b), eliminating this exchange as a trading venue for the class.
Key Terms
Form 25, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2(b), voluntary withdrawal
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing"
FAQ
What does REE Automotive Ltd. (REE) disclose in its Form 25?
REE Automotive Ltd. reports that its Class A Ordinary Shares are being removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934.
Which securities of REE Automotive Ltd. (REE) are affected by the Nasdaq action?
The affected securities are REE Automotive Ltd.’s Class A Ordinary Shares. The notification states this class is being removed from listing and registration on the Nasdaq Stock Market LLC under the Exchange Act.
Under what regulatory provisions is REE Automotive Ltd. (REE) being delisted from Nasdaq?
The removal is made under Section 12(b) of the Securities Exchange Act of 1934 and 17 CFR 240.12d2-2(b) and (c), which govern striking securities from listing and voluntary withdrawal from registration.
Who signed the Nasdaq notification regarding REE Automotive Ltd. (REE)?
The notification is signed on behalf of Nasdaq Stock Market LLC by Aravind Menon, identified as a Hearings Advisor, certifying reasonable grounds to believe all Form 25 filing requirements are met.