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REE Automotive (REE) pursues court-led restructuring as Nasdaq delisting looms

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

REE Automotive Ltd. has applied to an Israeli district court for a temporary stay of proceedings and approval of a debt arrangement under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018. The goal is to support a proposed financial restructuring and keep the business operating as a going concern. If approved and implemented as proposed, REE would become a privately held company.

The company also received a Nasdaq determination to delist its Class A ordinary shares after failing to meet the $1.00 minimum bid price requirement for an extended period. Trading on the Nasdaq Capital Market is scheduled to be suspended on July 7, 2026, after which Nasdaq plans to file a Form 25-NSE to remove the shares from listing and registration.

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Insights

REE moves into court‑supervised restructuring while losing its Nasdaq listing.

REE Automotive has initiated a restructuring process by seeking a temporary stay of proceedings and court approval of a debt arrangement. This is a formal step under Israeli insolvency and rehabilitation law aimed at preserving operations as a going concern while liabilities are reorganized.

The filing notes that, if implemented as proposed, the restructuring would result in REE becoming a privately held company, implying existing public equity status would end. At the same time, Nasdaq has determined to delist the company’s Class A ordinary shares after a prolonged breach of the $1.00 minimum bid requirement.

Trading on the Nasdaq Capital Market is expected to be suspended on July 7, 2026, with Nasdaq then filing Form 25-NSE to remove the securities from listing and registration. Together, these developments signal a significant shift for current shareholders, concentrating future developments within court proceedings and any subsequent company communications.

Trading suspension date July 7, 2026 Scheduled suspension of REE Class A ordinary shares on Nasdaq Capital Market
Minimum Bid Price Requirement $1.00 per share Nasdaq Listing Rule 5550(a)(2) closing bid price threshold
Initial compliance period 180 days Period through December 29, 2025 to regain minimum bid compliance
Additional compliance extension 180 days Extension through June 29, 2026 granted by Nasdaq
30 consecutive business days below $1.00 May 15, 2025–June 27, 2025 Period triggering deficiency under Minimum Bid Price Requirement
Delisting Determination date June 30, 2026 Date Nasdaq sent determination to delist REE’s shares
Court application date July 1, 2026 Date REE sought temporary stay of proceedings and debt arrangement approval
temporary stay of proceedings regulatory
"filed an application with the District Court in Israel seeking a temporary stay of proceedings"
debt arrangement financial
"seeking a temporary stay of proceedings and approval of a debt arrangement pursuant to Amendment No. 9"
Minimum Bid Price Requirement regulatory
"below $1.00 per share (the “Minimum Bid Price Requirement”) for 30 consecutive business days"
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.
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.
Nasdaq Listing Rule 5550(a)(2) regulatory
"has not regained compliance with Nasdaq Listing Rule 5550(a)(2)"
Israeli Insolvency and Economic Rehabilitation Law, 2018 regulatory
"pursuant to Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018"
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Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of July 2026

 

Commission File Number: 001-40649

 

REE AUTOMOTIVE LTD.

(Translation of registrant’s name into English)

 

Kibbutz Glil-Yam

4690500, Israel

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒            Form 40-F ☐

 

 

 

 

 

 

CONTENTS

 

On July 1, 2026, REE Automotive Ltd. (the “Company”) filed an application with the District Court in Israel seeking a temporary stay of proceedings and approval of a debt arrangement pursuant to Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018. The application is intended to facilitate the Company’s proposed financial restructuring and continued operation as a going concern. As proposed in the application, if the restructuring is approved and implemented in accordance with its terms, the Company would become a privately held company.

 

On July 3, 2026, the Company issued a press release titled “REE Automotive Announces Receipt of Nasdaq Delisting Notice,” a copy of which is furnished as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K.

 

This Report of Foreign Private Issuer on Form 6-K is incorporated by reference into the Company’s registration statements on Form S-8 (File Nos. 333-261130, 333-272145, 333-278319, 333-282346, 333-287381, 333-293676) and its registration statement on Form F-3 (File No. 333-276757), and shall be a part thereof, to the extent not superseded by documents or reports subsequently filed or furnished.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press release issued by REE Automotive Ltd., dated July 3, 2026, titled “REE Automotive Announces Receipt of Nasdaq Delisting Notice.”

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  REE AUTOMOTIVE LTD.
     
Date: July 6, 2026 By: /s/ Avital Futterman
  Name:  Avital Futterman
  Title: General Counsel

 

2

 

 

Exhibit 99.1

 

REE Automotive Announces Receipt of Nasdaq Delisting Notice

 

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

Filing Exhibits & Attachments

1 document