TEL AVIV, Israel, July 03, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (“REE” or the “Company”) (Nasdaq: REE), an automotive technology company that develops software-defined vehicle (SDV) technology solutions, today reported that the Company received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is currently not in compliance with Nasdaq Rule ...
Initiated cost reduction measures targeting a 55% decrease in operating costs to a projected average of approximately $2.7 million per month by year-end related to pause in production and an approximately 50% reduction-in-force The company aims to extend its financial runway beyond 12 months REE's new organizational structure is designed to allow a more streamlined operation with stronger focus...
REE Automotive Ltd. (NASDAQ:REE ) Q4 2024 Earnings Conference Call May 15, 2025 8:30 AM ET Company Participants Dana Rubinstein - Chief Strategy Officer Daniel Barel - Co-Founder and Chief Executive Officer Hai Aviv - Chief Financial Officer Conference Call Participants Poe Fratt - Alliance Global Partners Operator Good day and thank you for standing by.
TEL AVIV, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and a provider of full by-wire electric trucks and platforms, today announced its fourth quarter and fiscal year 2024 financial results.
TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financi...
Award recognizes REE's software-defined modular vehicle technology, which provides scalability and flexibility for OEMs and fleet operators Award recognizes REE's software-defined modular vehicle technology, which provides scalability and flexibility for OEMs and fleet operators
TEL AVIV, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE), an automotive technology company that develops and builds software-defined electric vehicles, today announced it will report its fourth-quarter and fiscal year 2024 financial results before market opens on Tuesday, April 29, 2025.
Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offering New capital further strengthens REE's cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Co...
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