Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 42

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 42
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20-F, and the other information contained or incorporated by reference in this prospectus or any applicable prospectus supplement
hereto, before making a decision to invest in our securities. The risks and uncertainties we have described are not the only risks we
face. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also affect our operations.
You should carefully consider these risk factors and risks before investing in any of our securities. See “Where You Can Find More Information.”

<div align='center'>4

OFFER STATISTICS AND EXPECTED TIMETABLE</div>

We may sell from time to
time pursuant to this prospectus (as may be detailed in an applicable prospectus supplement) an indeterminate number of securities as
shall have a maximum aggregate offering price of $200 million. The actual price per share of the Class A ordinary shares that we will
offer, or per security of the securities that we will offer, pursuant hereto will depend on a number of factors that may be relevant as
of the time of offer. See “Plan of Distribution.”

<div align='center'>USE OF PROCEEDS</div>

Unless otherwise specified
in an applicable prospectus supplement, we intend to use the proceeds we receive from the sale of securities offered hereunder for general
corporate purposes, which may include working capital, capital expenditures, investments and the financing of possible acquisitions. Additional
information relating thereto may be set forth in any applicable prospectus supplement.

<div align='center'>5

DESCRIPTION OF SECURITIES</div>

The descriptions of the securities
contained in this prospectus, together with the applicable prospectus supplements, summarize the material terms and provisions of the
various types of securities that we may offer. We will describe in the applicable prospectus supplement the particular terms of any securities
offered by such prospectus supplement. If we so indicate in the applicable prospectus supplement, the terms of the securities may differ
from the terms we have summarized below.

We may sell from time to
time, in one or more offerings, Class A ordinary shares, debt securities, subscription rights, warrants and units comprising any combination
of these securities. The total dollar amount of all securities that we may issue under this prospectus will not exceed $200 million.

<div align='center'>DESCRIPTION OF ORDINARY SHARES</div>

Our authorized share capital
consists of 1,000,000,000 Class A ordinary shares, without par value, of which 239,563,002