Sign in

You're signed outSign in or to get full access.

REE Automotive (REE)

--

Recent press releases and 8-K filings for REE.

REE Automotive Receives Nasdaq Extension for Minimum Bid Price Compliance
REE
Delisting/Listing Issues
  • REE Automotive (Nasdaq: REE) has been granted a 180-day extension by Nasdaq to meet the $1 minimum bid price requirement, with the new compliance deadline set for June 29, 2026.
  • The company was initially notified of the deficiency on July 1, 2025, after its Class A ordinary shares traded below $1.00 for 30 consecutive business days.
  • To regain compliance, REE's Class A ordinary shares must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days.
  • REE is evaluating all available options to regain compliance, including potentially effecting a reverse stock split.
Dec 30, 2025, 2:58 PM
REE Automotive Announces First Half 2025 Financial Results and Strategic Updates
REE
Earnings
Guidance Update
New Projects/Investments
  • REE Automotive reported a GAAP net loss of $24.3 million for the six months ended June 30, 2025, representing a 33% decrease year-over-year, while its Free Cash Flow burn increased by 31% to $52.5 million for the same period.
  • The company's cash and cash equivalents were $54.7 million as of June 30, 2025, and further decreased to $17.2 million (excluding a credit facility) by November 30, 2025.
  • REE has shifted to a technology-first business model and secured a binding agreement with a leading technology company, which is expected to generate up to approximately $107 million over a two-year period for a software-defined autonomous public transport shuttle program.
  • The company is implementing significant cost reductions, targeting a decrease in monthly average operating expenses from approximately $6 million in the first half of 2025 to $1.8 million by the end of the first quarter of 2026.
Dec 30, 2025, 12:00 PM
REE Automotive Announces First Half 2025 Earnings and Strategic Shift
REE
Earnings
Guidance Update
New Projects/Investments
  • REE Automotive Ltd. reported revenues of $184 thousand and a net loss of $24.314 million for the six months ended June 30, 2025.
  • The company is shifting to a technology-first approach, securing a binding agreement with a technology company that could generate up to $107 million over two years if certain conditions are met, and also signed new MOUs with Mitsubishi Fuso and Cascadia Motion.
  • REE initiated significant cost reduction measures, targeting a 55% decrease in operating expenses to approximately $2.7 million per month by year-end 2025, and reduced its workforce by approximately 41%.
  • Management expressed substantial doubt about the company's ability to continue as a going concern, with current financial resources expected to fund operations only into, but not beyond, the second quarter of 2026.
Dec 30, 2025, 11:19 AM