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REE Automotive to be delisted from Nasdaq due to prolonged low share price.

Market News
03 Jul 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

REE Automotive has received a Nasdaq delisting notice because its share price stayed below $1.00 for over 30 consecutive business days, violating Nasdaq's minimum bid price rule. The company was given two compliance periods totaling 360 days but failed to regain the required share price. Trading of REE's shares will be suspended on July 7, 2026, and the company will be removed from Nasdaq listings. REE does not plan to request a hearing to contest the delisting. This marks a significant setback for the automotive tech company known for its software-defined vehicle technology.

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Canada signs Cooperative Prosperity Agreement and proposes $35-44B west coast oil pipeline to boost resource economy.

Canada signs Cooperative Prosperity Agreement and proposes $35-44B west coast oil pipeline to boost resource economy.

Canada's federal government and British Columbia have signed the Cooperative Prosperity Agreement, aiming to unlock over $200 billion in new investments focused on natural resources like LNG, critical minerals, and infrastructure. Concurrently, Alber...

Market News
Bullish
59 minutes ago
Crédit Agricole raises stake in Banco BPM to 29.3%, reinforcing its long-term partnership.

Crédit Agricole raises stake in Banco BPM to 29.3%, reinforcing its long-term partnership.

Crédit Agricole has increased its ownership in Banco BPM to 29.3%, surpassing the 25% threshold through market purchases and derivatives. This move reflects Crédit Agricole's commitment as a long-term investor supporting the Italian economy and stren...

Company Fundamentals
Bullish
1 hour ago
BlackRock reduces direct voting rights in Umicore below 5% as of June 30, 2026.

BlackRock reduces direct voting rights in Umicore below 5% as of June 30, 2026.

BlackRock, Inc. notified Umicore on July 1, 2026, that its direct voting rights in the company fell below the 5% legal threshold on June 30, 2026. After the transaction, BlackRock holds 4.97% direct voting rights and 0.68% equivalent financial instru...

Market News
Neutral
3 hours ago
BlackRock's direct voting rights in Umicore fall below 5% as of June 30, 2026.

BlackRock's direct voting rights in Umicore fall below 5% as of June 30, 2026.

BlackRock, Inc. notified Umicore that its direct voting rights dropped below the 5% threshold on June 30, 2026, holding 4.97% direct voting rights and 0.68% through equivalent financial instruments, totaling 5.65%. This disclosure complies with Belgi...

Market News
Neutral
3 hours ago
BlackRock's voting rights in Umicore dip below 5% as of June 30, 2026, totaling 5.65% including financial instruments.

BlackRock's voting rights in Umicore dip below 5% as of June 30, 2026, totaling 5.65% including financial instruments.

BlackRock, Inc. has notified Umicore that it crossed below the 5% threshold of direct voting rights on June 30, 2026, holding 4.97% directly. Including equivalent financial instruments, BlackRock's total voting rights amount to 5.65%. This disclosure...

Market News
Neutral
3 hours ago
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