Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 27

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 27
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 voting rights in the company, or (iii) the acquisition was from a shareholder holding more than 45% of the voting rights in the
company and resulted in the purchaser becoming a holder of more than 45% of the voting rights in the company. A special tender offer must
be extended to all shareholders of a company. A special tender offer may be consummated only if (i) at least 5% of the voting power attached
to the company’s outstanding shares will be acquired by the offeror and (ii) the number of shares tendered in the offer exceeds
the number of shares whose holders objected to the offer (excluding the purchaser, its controlling shareholders, holders of 25% or more
of the voting rights in the company and any person having a personal interest in the acceptance of the tender offer, or anyone on their
behalf, including any such person’s relatives and entities under their control).

In the event that a special tender offer is made, a company’s
board of directors is required to express its opinion on the advisability of the offer, or shall abstain from expressing any opinion if
it is unable to do so, provided that it gives the reasons for its abstention. The board of directors shall also disclose any personal
interest that any of the directors has with respect to the special tender offer or in connection therewith. An office holder in a target
company who, in his or her capacity as an office holder, performs an action the purpose of which is to cause the failure of an existing
or foreseeable special tender offer or is to impair the chances of its acceptance, is liable to the potential purchaser and shareholders
for damages, unless such office holder acted in good faith and had reasonable grounds to believe he or she was acting for the benefit
of the company. However, office holders of the target company may negotiate with the potential purchaser in order to improve the terms
of the special tender offer, and may further negotiate with third parties in order to obtain a competing offer.

<div align='center'>S-15</div>

If a special tender offer is accepted, then shareholders who did not
respond to or that had objected the offer may accept the offer within four days of the last day set for the acceptance of the offer and
they will be considered to have accepted the offer from the first day it was made.

In the event that a special tender offer is accepted, then the purchaser
or any person or entity controlling it or under common control with the purchaser or such