On July 3, REE Automotive received a delisting determination from Nasdaq due to failure to regain compliance with the minimum bid price requirement. On July 6, REE Automotive will delist from Nasdaq following a failure to meet the minimum bid price requirement. Trading of the company's shares is scheduled to be suspended effective July 7. On July 7, Blink Charging has formally requested an additional 180-day compliance period from Nasdaq to meet the $1 minimum bid price requirement.
The company requested a 180-day extension to regain compliance with Nasdaq's minimum $1 bid price requirement and avoid potential delisting.
Read the full storyThe EV technology firm faces Nasdaq delisting and a trading halt starting July 7 after failing to maintain the exchange's minimum bid price requirements.
The EV tech firm received a formal delisting notice from Nasdaq for its Class A shares, with trading suspension scheduled for July 7, 2026.