On July 12, 2026, the District Court in Tel Aviv-Yafo approved the continuation of REE Automotive Ltd.'s restructuring proceedings under Amendment No. 9 to the Israeli Insolvency and Economic Rehabilitation Law, extending the stay of proceedings through August 16, 2026. The court ordered creditors to submit proofs of claim by August 12, 2026, while the company continues operating under a Court-appointed Arrangement Manager. On July 16, 2026, Hai Aviv ceased serving as Chief Financial Officer by mutual agreement, with no stated disagreement regarding operations or policies. The filing notes there is no assurance that the proposed debt arrangement will be approved or successfully implemented. REE Automotive Ltd. operates in the automotive technology industry, developing and manufacturing electric vehicle powertrain systems.

On July 1, 2026, REE Automotive Ltd. applied to the District Court in Israel for a temporary stay of proceedings and approval of a debt arrangement under the Israeli Insolvency and Economic Rehabilitation Law, 2018. This financial restructuring aims to ensure the company continues as a going concern, though implementation would result in the company becoming privately held. Additionally, on July 3, 2026, the company announced it received a delisting notice from Nasdaq. REE Automotive operates in the automotive industry and develops electric vehicle chassis and platforms.