REE Automotive Announces Pricing of $27 Million Registered Direct Offering of Ordinary Shares
REE Automotive Ltd. - Class A Ordinary Shares (REE)
Company Research
Source: GlobeNewswire
TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (the “Company”), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that it has entered into securities purchase agreements with new institutional investors and certain existing strategic investors, including M&G Investments and Varana Capital, for the purchase and sale of 6,376,631 ordinary shares at a purchase price of $4.25 per share, pursuant to a registered direct offering, resulting in gross proceeds of up to approximately $27 million at closing(s) before deducting placement agent commissions and other offering expenses. The initial closing of the offering is expected to occur on or about March 19, 2025, subject to the satisfaction of customary closing conditions. Motherson Group, an existing shareholder and one of the world’s leading automotive suppliers, has been invited to invest up to $10 million in a second closing for a f
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News
- REE Automotive and Mitsubishi Fuso Truck and Bus Corporation Sign MOU for Software-Defined Vehicle Technology [Yahoo! Finance]Yahoo! Finance
- REE Automotive and Mitsubishi Fuso Truck and Bus Corporation Sign MOU for Software-Defined Vehicle TechnologyGlobeNewswire
- REE Automotive Announces a Supplement to its Proxy Statement for its Special General Meeting of Shareholders to be held on November 13, 2025 [Yahoo! Finance]Yahoo! Finance
- REE Automotive Announces a Supplement to its Proxy Statement for its Special General Meeting of Shareholders to be held on November 13, 2025GlobeNewswire
REE
Sec Filings
- 12/16/25 - Form 144
- 12/15/25 - Form SCHEDULE
- 12/15/25 - Form SCHEDULE
- REE's page on the SEC website