REE Automotive Ltd. has been granted additional time by the Nasdaq Stock Market to meet its listing requirement. The company now has until June 29, 2026, to bring its share price back above the minimum threshold required for continued trading on the exchange.

On December 30, 2025, Nasdaq approved REE Automotive’s request for more time to meet the $1 minimum bid price rule. This extension follows an earlier notice issued on July 1, 2025, after the company’s stock traded below $1.00 for 30 straight business days.

The new deadline gives the company an extra 180 days—until June 29, 2026—to restore its share price. During this period, REE’s Class A ordinary shares will continue to trade on the Nasdaq Capital Market under the symbol “REE.” There will be no changes to the listing status during this time.

REE Reviewing Options to Meet Listing Rule

To regain compliance, the company’s stock must close at or above $1.00 for 10 consecutive trading days within the allowed timeframe. REE confirmed it is monitoring its share performance and may consider steps to meet the requirement.

One of the measures being evaluated is a reverse stock split. This would adjust the number of shares in circulation, possibly lifting the trading price. A reverse split would require approval by the board and shareholders. No decision has been announced yet.

CEO Responds to Nasdaq Decision

In a statement released by the company, CEO Daniel Barel said REE remains committed to meeting the exchange’s rules.

“We remain focused on executing our strategy and are committed to taking the steps necessary to regain compliance with Nasdaq’s listing requirements,” he said.

He also noted that the company welcomed the added time from Nasdaq.

“We appreciate Nasdaq’s consideration and the additional time provided as we continue to advance our technology and engage with partners and customers,” Barel added.

The company also confirmed that it meets all other criteria for continued listing, aside from the bid price issue.

Business Operations Continue as Planned

REE Automotive develops software-defined platforms for electric commercial vehicles. The company operates out of Tel Aviv, Israel, and trades on the Nasdaq exchange in the U.S.

The extension from Nasdaq does not affect REE’s ongoing business, partnerships, or customer engagements. It applies only to the share price requirement. The company said it would continue its work while tracking its stock performance and preparing to meet the exchange’s conditions before the new deadline.