TEL AVIV, Israel, March 01, 2024 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq:REE) (“REE” or the “Company”), today announced the pricing of an underwritten public offering of 2,000,000 Class A ordinary shares (the “ordinary shares”). Each ordinary share is being sold at a public offering price of $6.50 per share. The Company has granted the underwriter a 20-day option to purchase up to an additional 300,000 ordinary shares sold in the offering to cover over-allotments, if any.
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