GlobeNewsWire
03 Jul 2026, 18:37 UTC · 13w ago
REE Automotive Announces Receipt of Nasdaq Delisting Notice
Impact · against what's priced in
REE Automotive faces a critical liquidity event and loss of institutional access following its delisting from the Nasdaq. The company's decision not to contest the determination indicates a complete lack of a recovery path, leading to an immediate suspension of trading.
- REE−0.90
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- In context
The company will be suspended from Nasdaq trading on July 7, 2026, after failing to maintain a $1.00 minimum bid price, and has explicitly stated it does not intend to request a hearing to contest this decision.
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