Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 45

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 45
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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 Class A ordinary shares were issued and outstanding
as of June 30, 2022, as well as 83,417,110 Class B ordinary shares, no par value, of which 83,417,110 Class B ordinary shares were issued
and outstanding as of June 30, 2022. All of our outstanding ordinary shares will be validly issued, fully paid and non-assessable. Our
ordinary shares are not redeemable and do not have any preemptive rights.

A description of our ordinary
shares can be found in “Description of Securities,” filed as Exhibit 2.6 to our annual report on Form 20-F filed on
March 28, 2022 and incorporated by reference herein.

<div align='center'>6

DESCRIPTION OF DEBT SECURITIES</div>

We may issue debt securities
together with other securities or separately. The debt securities will be issued under an indenture between us and a trustee identified
in the applicable prospectus supplement, the form of which is filed as an exhibit to the registration statement of which this prospectus
forms a part. The executed indenture will be incorporated by reference from a