REE Automotive shares surge 20.0% intraday after Nasdaq grants 180-day extension to meet $1 bid price requirement.

REE Automotive surged 20.0% during intraday trading following Nasdaq's granting of a 180-day extension to meet the $1 minimum bid price requirement, extending compliance until June 29, 2026. This extension, announced on December 30, 2025, allows REE additional time to address its stock price deficiency without immediate delisting risks, maintaining its listing on the Nasdaq Capital Market. The company emphasized its commitment to regaining compliance through strategies such as a potential reverse stock split, which reassured investors by signaling proactive management of its listing status. While other news, including a partnership with Cascadia Motion for electric drive units and earnings results, were disclosed, the Nasdaq extension directly alleviated concerns over delisting, making it the primary catalyst for the intraday rally.