Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 34

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 34
---
1 thereto, into the registration statement of
which this prospectus supplement forms a part.

We expect to deliver the securities being offered pursuant to this
prospectus supplement and the accompanying prospectus on or about March 27, 2025, subject to satisfaction of certain customary closing
conditions.

Fees and Expenses

We will pay the Placement Agent
an aggregate cash fee equal to 2.0% of the aggregate proceeds from the sale of the Ordinary Shares sold in this offering. We have also
agreed to reimburse the placement agents’ actual out-of-pocket expenses up to $10,000, in the aggregate. We estimate our total expenses
associated with the offering, excluding placement agent fees and expenses, will be approximately $25,000.

The following table sets forth
the offering price per Ordinary Share and the total cash placement agent fees we will pay to the Placement Agent in connection with the
sale of the securities pursuant to this prospectus supplement and the accompanying prospectus:

|                                  |     | Per Ordinary Share |       |     | Total |           |
|:---------------------------------|:----|:-------------------|------:|:----|:------|----------:|
| Offering price                   |     | $                  |  4.25 |     | $     | 9,431,498 |
| Placement Agent fees(1)          |     | $                  | 0.085 |     | $     |   188,630 |
| Proceeds, before expenses, to us |     | $                  | 4.165 |     | $     | 9,242,868 |

| (1) | We have agreed to pay the Placement Agent a cash fee equal to 2.0%                    
 of the aggregate proceeds from the sale of the Ordinary Shares sold in this offering. |

Indemnification

We have agreed to indemnify
the Placement Agent and specified other persons against certain liabilities, including liabilities arising under the Securities Act, relating
to or arising out of placement agents’ activities under the placement agency agreement and to contribute to payments that the Placement
Agent may be required to make in respect of such liabilities.

<div align='center'>S-18</div>

Lock-Up Restrictions

Under the terms of the securities purchase agreement, from the date
of the securities purchase agreement until May 18, 2025 (the “Lock-Up Period”), neither we nor any subsidiary shall (i) issue,
enter into any agreement to issue or announce the issuance or proposed