REE Automotive receives notification from Nasdaq about minimum bid price requirement, faces possible delisting

From GlobeNewswire: 2025-07-03 13:10:00

REE Automotive Ltd. received a letter from Nasdaq stating it’s not in compliance with the minimum bid price requirement. The Company has 180 days to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. If not, delisting may occur. REE may appeal for additional time to comply if needed. The Company plans to monitor its share price and explore options to meet requirements. Despite this, trading of REE’s Ordinary Shares continues on Nasdaq. REE specializes in software-defined vehicle technology, offering innovative solutions for safer and adaptable vehicles.



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