Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 153

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 10
Chunk 153
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 S. Holders - Exercise, Lapse or Redemption of a Warrant” above, although to the extent a cashless exercise or lapse results in a taxable exchange, the consequences would be similar to those described in the preceding paragraphs above for a Non-U. S. Holder’s gain on the sale or other disposition of the Class A Ordinary Shares and Warrants.

The characterization for U. S. federal income tax purposes of the redemption of the Non-U. S. Holder’s Warrants generally will correspond to the U. S. federal income tax treatment of such a redemption of a U. S. Holder’s warrants, as described under “ - U. S. Holders - U. S. Federal Income Tax Consequences of the Ownership and Disposition of Class A Ordinary Shares and Warrants to U. S. Holders - Exercise, Lapse or Redemption of a Warrant” above, and the consequences of the redemption to the Non-U. S. Holder will be as described in the first paragraph above under the heading “ - U. S. Federal Income Tax Consequences of the Ownership and Disposition of Class A Ordinary Shares and Warrants to Non-U. S. Holders” based on such characterization.

Non-U. S. Holders should consult their tax advisors regarding potentially applicable income tax treaties that may provide for different rules.

Information Reporting and Backup Withholding

Information reporting requirements may apply to dividends received by U. S. Holders of Class A Ordinary Shares, and the proceeds received on the disposition of Class A Ordinary Shares effected within the U. S. (and, in certain cases, outside the U. S.), in each case other than U. S. Holders that are exempt recipients (such as corporations). Backup withholding (currently at a rate of 24%) may apply to such amounts if the U. S. Holder fails to provide an accurate taxpayer identification number (generally on an IRS Form W-9 provided to the paying agent of the U. S. Holder’s broker) or is otherwise subject to backup withholding. Any redemptions treated as dividend payments with respect to Class A Ordinary Shares and proceeds from the sale, exchange, redemption or other disposition of Class A Ordinary Shares may be subject to information reporting to the IRS and possible U. S. backup withholding. U. S. Holders should consult their tax advisors regarding the application of the U. S. information reporting and backup withholding rules.

Information returns may be required to be filed with the IRS in connection with, and Non-U. S