Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 31

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 31
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E or its shareholders or any action asserting
a claim arising pursuant to any provision of the Companies Law or the Israeli Securities Law.

Transfer Agent and Registrar

The transfer agent and registrar for Ordinary Shares is Continental
Stock Transfer & Trust Company. Its address is 1 State Street, 30th Floor, New York, New York 10004, and its telephone number is 212-509-4000.

<div align='center'>S-17

PLAN OF DISTRIBUTION</div>

Pursuant to a placement agency
agreement dated March 18, 2025, we have retained A.G.P./Alliance Global Partners to act as our exclusive placement agent in connection
with this offering. Under the terms of the placement agency agreement, the Placement Agent is not purchasing or selling any of the securities
offered by us in this offering, and is not required to arrange for the sale of any specific number or dollar amount of securities, other
than to use its reasonable best efforts to arrange for the sale of such securities by us. The terms of this offering were subject to market
conditions and negotiations between us, the placement agent, and the prospective investors.

We have entered into securities
purchase agreements directly with the Investors in connection with this offering, and we will only sell our securities offered hereby
to the Investors who have entered into a securities purchase agreement. The form of securities purchase agreement is included as an exhibit
to a Report on Form 6-K that we will file with the SEC and that will be incorporated by reference 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 19, 2025, subject to satisfaction
of certain customary closing conditions.

Fees and Expenses

We will pay the Placement
Agent an aggregate cash fee equal to (i) 8.0% of the aggregate proceeds from the sale of the Ordinary Shares sold in this offering to
certain investors and (ii) 2.0% of the aggregate proceeds from the sale of the Ordinary Shares sold in this offering to certain other
investors. We have also agreed to reimburse the placement agents’ actual out-of-pocket expenses up to $70,000, in the aggregate,
and a non-accountable expense allowance of $10,000. We estimate our total expenses associated with the offering, excluding placement agent
fees and expenses, will be approximately $235,000.

The following