Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 1

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 1
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the table below, which assumes that we sell all of the Ordinary Shares offered by this prospectus supplement and accompanying prospectus.
See “Plan of Distribution” beginning on page S-18 of this prospectus supplement for more information regarding these
arrangements.

|                                  |     | 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. We have also agreed to reimburse the Placement Agent 
 for certain expenses incurred in connection with this offering. See “Plan of Distribution” beginning on page S-18 for additional           
 information regarding the compensation to be paid to the Placement Agent.                                                                  |

Delivery of the Ordinary Shares
offered pursuant to this prospectus supplement and accompanying prospectus is expected to be made on or about March 27, 2025, subject
to satisfaction of customary closing conditions.

<div align='center'>Sole Placement Agent

A.G.P.

The date of this prospectus supplement is March 26, 2025

Table of Contents

Prospectus Supplement</div>

| ABOUT THIS                           
 PROSPECTUS SUPPLEMENT                |     | S-ii  |
| CAUTIONARY STATEMENT                 
 REGARDING FORWARD-LOOKING STATEMENTS |     | S-iii |
| SUMMARY                              |     | S-1   |
| THE OFFERING                         |     | S-2   |
| RISK FACTORS                         |     | S-3   |
| USE OF PROCEEDS                      |     | S-7   |
| CAPITALIZATION                       |     | S-8   |
| DESCRIPTION OF THE SECURITIES        
 WE ARE OFFERING                      |     | S-9   |
| PLAN OF DISTRIBUTION                 |     | S-18  |
| LEGAL MATTERS                        |     | S-20  |