Ree Automotive Holding Inc

REE Automotive Ltd. is an automotive technology company operating in France, the United Kingdom, the United States, Germany, and internationally. It offers electric and software-defined vehicle solutions, including X-by-Wire systems, software services, commercial EVs, and stripped chassis. Its REEcorner module integrates critical drive components such as steering, braking, suspension, powertrain, and control between the chassis and wheel. The company also provides the P7-S Strip Chassis for commercial delivery vehicles, autonomous vehicles, and walk-in vans, and the P7-C Chassis Cab and Cutaway Chassis, a class 4 and 5 fully electric commercial truck. It serves original equipment manufacturers, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.

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REE Automotive to delist from Nasdaq, trading suspended July 7

REE Automotive announced it has received a formal delisting determination from Nasdaq and will not appeal. Trading of its Class A ordinary shares will be suspended at the opening of business on July 7, 2026, after the company failed to regain compliance with the minimum bid price requirement. The stock had closed below $1.00 for 30 consecutive business days, triggering an initial deficiency notice on July 1, 2025, and a second 180-day extension through June 29, 2026, did not cure the issue. Nasdaq will file a Form 25-NSE with the SEC to officially remove and deregister the securities.

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