Dec. 30 at 5:06 PM
REE Automotive said it received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement. The company was initially notified in July 2025 after its Class A shares traded below
$1.00 for 30 consecutive business days. The new compliance deadline is June 29, 2026.
During the extension, REE will continue trading on the Nasdaq Capital Market with no immediate impact on its listing or trading status. To regain compliance, the stock must close at or above
$1.00 for at least 10 consecutive business days. Management said it is focused on executing its strategy and will evaluate all available options, including a potential reverse stock split if needed.
Nasdaq confirmed that REE meets all other continued listing requirements.
$REE