Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 33

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 33
---
 supplement thereto, subject to certain exceptions.

We have also agreed, subject to certain exceptions, until six (6) months
after the closing of this offering, not to (i) issue or sell any debt or equity securities that are convertible into, exchangeable or
exercisable for, or include the right to receive, additional Ordinary Shares either (A) at a conversion price, exercise price or exchange
rate or other price that is based upon, and/or varies with, the trading prices of or quotations for the Ordinary Shares at any time after
the initial issuance of such debt or equity securities or (B) with a conversion, exercise or exchange price that is subject to being reset
at some future date after the initial issuance of such debt or equity security or upon the occurrence of specified or contingent events
directly or indirectly related to our business or the market for our Ordinary Shares or (ii) enter into, or effect a transaction under,
any agreement, including, but not limited to, an equity line of credit or an “at-the-market offering”, subject certain exceptions.
However, following the expiration of the Lock-Up Period, the issuance of Ordinary Shares pursuant to both (i) that certain ATM Equity
Offering Sales Agreement, dated August 16, 2022, between the Company and BofA Securities, Inc.; and (ii) that certain At The Market Offering
Agreement, dated July 14, 2023, between the Company and H.C. Wainwright & Co., LLC, is permitted provided that such sales are made
at a price greater than $6.50 per share.

Regulation M

The Placement Agent may be
deemed to be an underwriter within the meaning of Section 2(a)(11) of the Securities Act, and any commissions received by it and any profit
realized on the resale of the securities sold by it while acting as principal might be deemed to be underwriting discounts or commissions
under the Securities Act. As underwriter, the Placement Agent would be required to comply with the requirements of the Securities Act
and the Exchange Act, including, without limitation, Rule 415(a)(4) under the Securities Act and Rule 10b-5 and Regulation M under the
Exchange Act. These rules and regulations may limit the timing of purchases and sales of Ordinary Shares by the Placement Agent acting
as principal. Under these rules and regulations, the placement agents:

| ● | may not engage in any stabilization activity in connection with our securities;