REE Automotive Receives Nasdaq Extension to Regain Compliance
MWN-AI** Summary
REE Automotive Ltd. has been granted a 180-day extension by Nasdaq to meet the minimum bid price requirement, allowing the company until June 29, 2026, to regain compliance. This extension follows a notification from Nasdaq on July 1, 2025, which indicated that REE's Class A ordinary shares had fallen below the $1.00 minimum bid price for over 30 consecutive business days. As a result of this deficiency, REE was initially given until December 29, 2025, to correct the issue.
To maintain its listing on the Nasdaq Capital Market, REE must ensure its shares reach a closing bid price of at least $1.00 for a minimum of ten consecutive business days during the new compliance period. The company's ordinary shares will continue to trade under the ticker symbol "REE" with no immediate changes to its listing or trading status. In preparation to regain compliance, REE is actively monitoring its stock price and may consider options such as a reverse stock split if deemed necessary.
Daniel Barel, the co-founder and CEO of REE, emphasized the company’s commitment to executing its business strategy and expressed gratitude for the extension granted by Nasdaq. The company is focused on advancing its software-defined vehicle (SDV) technology solutions, which aim to enhance vehicle performance, safety, and reliability through innovative architectures and secured artificial intelligence.
REE is recognized for its pioneering by-wire technology, which improves design flexibility and overall vehicle functionality. As it works towards compliance, REE continues to engage with partners and customers, highlighting its dedication to innovation in the automotive technology sector.
MWN-AI** Analysis
REE Automotive Ltd. recently received a crucial 180-day extension from Nasdaq to meet the minimum bid price requirement of $1.00 per share, after a notification on non-compliance due to sustained low share prices. The extension until June 29, 2026, provides REE the necessary leeway to strategize effectively and potentially employ a reverse stock split if required.
From an investment perspective, this development signifies both risk and opportunity. On one hand, the granted extension indicates Nasdaq's recognition of REE's ongoing compliance efforts and its potential to regain market confidence. On the other hand, consistently low share prices raise concerns about investor confidence, especially in a competitive automotive tech landscape.
REE's business model emphasizes software-defined vehicle (SDV) technology which is increasingly relevant in an evolving automotive sector focusing on modularity and AI-driven features. However, to instill confidence among stakeholders, the company must demonstrate tangible progress in technology partnerships and customer engagement during this compliance period.
Investors should monitor REE closely for signs of improved market performance. Success in achieving consistent trading above $1 will be vital not just for compliance, but also for attracting new investments. Key indicators to watch include new partnership announcements, advancements in technology, and overall shifts in market sentiment towards EVs and SDVs.
In light of the risks associated with the current share price, prudent investors may consider cautious entry strategies into REE while keeping close tabs on its compliance path. If the company executes its strategy effectively and compliance is regained, we could see a bullish sentiment shift, providing potential upside as the automotive industry increasingly transitions to SDVs.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
- 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 specific strategies is REE Automotive Ltd. REE planning to implement during the extended compliance period to ensure that its Class A ordinary shares achieve the required minimum bid price?
How does REE Automotive Ltd. REE intend to leverage its software-defined vehicle technology to improve its market performance and regain compliance with Nasdaq's listing requirements?
In the event that REE Automotive Ltd. REE cannot regain compliance by the deadline, what are the implications of potentially pursuing a reverse stock split for shareholders?
Could you elaborate on the potential risks outlined in REE Automotive Ltd. REE's forward-looking statements that may impact its ability to meet the minimum bid price requirement in the future?
**MWN-AI FAQ is based on asking OpenAI questions about REE Automotive Ltd. (NASDAQ: REE).
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