TEL AVIV, Israel, July 03, 2026 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) ('REE” or the 'Company”), an automotive technology company that develops and builds software-defined vehicle technology, today announced that it has received a letter from The Nasdaq Stock Market LLC ('Nasdaq”), notifying the Company that due to the fact that it  has not regained compliance with Nasdaq Listing Rule 5550(a)(2), the Nasdaq staff has determined to delist the Company’s Class A ordinary shares (the 'Ordinary Shares”) from The Nasdaq Capital Market (the 'Delisting Determination”) and its Ordinary Shares will be suspended from trading on the Nasdaq Capital Market on July 7, 2026.