STOCK TITAN

REE Automotive (REE) restructuring stay extended as CFO departs

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

REE Automotive Ltd. is undergoing court-supervised restructuring in Israel. On July 12, 2026, the Tel Aviv-Yafo District Court approved continuation of the company’s Restructuring Proceedings under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018, and extended the stay of proceedings through August 16, 2026. Creditors have been ordered to submit proofs of claim by August 12, 2026, while the business continues operating under the supervision of a Court-appointed Arrangement Manager. The company notes there can be no assurance that the proposed debt arrangement will gain Court and stakeholder approval or be successfully implemented.

On July 16, 2026, Chief Financial Officer Hai Aviv ceased to serve in that role, by mutual agreement with the company. His departure is stated not to result from any disagreement regarding operations, policies, or practices.

Positive

  • None.

Negative

  • Court-supervised debt restructuring with uncertain outcome under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018, with the company explicitly stating there can be no assurance the debt arrangement will be approved or successfully implemented.
  • Loss of existing CFO during restructuring, as Chief Financial Officer Hai Aviv ceased to serve on July 16, 2026, removing the incumbent senior finance leader while the company is in active Restructuring Proceedings.
Stay of proceedings extended through August 16, 2026 End date for the court-approved stay of proceedings in the Restructuring Proceedings
Creditor proofs of claim deadline August 12, 2026 Date by which creditors may submit proofs of claim in the restructuring process
Court hearing date July 12, 2026 Hearing in the Tel Aviv-Yafo District Court on REE’s stay of proceedings and debt arrangement
CFO separation date July 16, 2026 Date on which Hai Aviv ceased serving as Chief Financial Officer by mutual agreement
Report signature date July 29, 2026 Date the report was signed by the General Counsel on behalf of REE Automotive Ltd.
Amendment No. 9 regulatory
"approval to pursue a debt arrangement under Amendment No. 9 to the Israeli Insolvency..."
Israeli Insolvency and Economic Rehabilitation Law, 2018 regulatory
"under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018"
stay of proceedings regulatory
"the Court approved the continuation of the Restructuring Proceedings and extended the stay of proceedings"
Arrangement Manager regulatory
"operate under the supervision of the Court-appointed Arrangement Manager while advancing the proposed restructuring"
proofs of claim regulatory
"The Court further ordered that creditors may submit proofs of claim by August 12, 2026"

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

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FAQ

What restructuring process is REE (REE) currently undergoing?

REE Automotive is in court-supervised Restructuring Proceedings in Israel, seeking approval for a debt arrangement under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018, while operating under a Court-appointed Arrangement Manager.

How long does the stay of proceedings for REE (REE) last?

The Tel Aviv-Yafo District Court extended REE Automotive’s stay of proceedings through August 16, 2026. During this period, the company continues operating under the Court-appointed Arrangement Manager while advancing proposed restructuring and financing arrangements.

What is the deadline for REE (REE) creditors to file claims?

Creditors of REE Automotive must submit proofs of claim by August 12, 2026, as ordered by the Tel Aviv-Yafo District Court. These claims will be considered within the ongoing Restructuring Proceedings and proposed debt arrangement process.

Is REE (REE) still operating its business during the restructuring?

Yes. REE Automotive continues to operate its business during the stay of proceedings, in accordance with the Court’s orders, and under the supervision of the Court-appointed Arrangement Manager while restructuring and financing arrangements are advanced.

What leadership change did REE (REE) disclose in July 2026?

REE Automotive reported that Hai Aviv ceased serving as Chief Financial Officer on July 16, 2026, by mutual agreement. The company states his departure was not due to any disagreement on operations, policies, or practices.

Does REE (REE) guarantee its restructuring will succeed?

No. REE Automotive explicitly states there can be no assurance the proposed debt arrangement will be approved by the Court, obtain required stakeholder support, or be successfully implemented within the Restructuring Proceedings.

 

 

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 (Report No. 2)

 

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

 

Amendment No. 9 Proceedings

 

On July 12, 2026, the District Court in Tel Aviv-Yafo (the “Court”) held a hearing regarding the application of REE Automotive Ltd. (the “Company”) for a stay of proceedings and approval to pursue a debt arrangement under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, 2018 (the “Restructuring Proceedings”). Following the hearing, the Court approved the continuation of the Restructuring Proceedings and extended the stay of proceedings through August 16, 2026. During this period, the Company will continue to operate under the supervision of the Court-appointed Arrangement Manager while advancing the proposed restructuring and financing arrangements. The Court further ordered that creditors may submit proofs of claim by August 12, 2026. The Company intends to continue working with the Arrangement Manager and its stakeholders to advance the proposed restructuring. There can be no assurance that the proposed debt arrangement will be approved by the Court, that the required stakeholder support will be obtained, or that the restructuring will be successfully implemented. The Company continues to operate its business during the stay of proceedings in accordance with the Court’s orders.

 

Separation of Chief Financial Officer

 

On July 16, 2026, Hai Aviv ceased to serve as the Company’s Chief Financial Officer, by mutual agreement with the Company. Mr. Aviv’s departure was not the result of any disagreement with the Company on any matter regarding its operations, policies or practices.

 

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.

 

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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 29, 2026 By: /s/ Avital Futterman
  Name:  Avital Futterman
  Title: General Counsel

 

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