Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 18

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 18
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$4.55 per Ordinary Share;  |
| ● | 1,870,061 Ordinary Shares issuable upon the vesting of RSUs outstanding;                                                                        |
| ● | 382,794 Ordinary Shares reserved for future awards under our equity incentive plans;                                                            |
| ● | 1,702,372 Ordinary Shares issuable upon the exercise of outstanding warrants, at a weighted average exercise price of $4.52 per Ordinary Share; |
| ● | 3,639,893 Ordinary Shares                                                                                                                       
 issuable upon the exercise of outstanding pre funded warrants, prices from $0.001 per Ordinary Share;                                           |
| ● | 2,296,963 Ordinary Shares issuable upon the conversion of outstanding                                                                           
 convertible promissory notes, convertible at a price of $4.122 per Ordinary Share; and                                                          |
| ● | 6,376,631 Ordinary Shares issued in the March 18th Offering.                                                                                    |

<div align='center'>S-8

DESCRIPTION OF THE SECURITIES WE ARE OFFERING</div>

We are offering 2,219,176 Ordinary Shares through this prospectus supplement
and the accompanying prospectus.

Ordinary Shares

This section summarizes the material rights of our shareholders of
under Israeli law, and the material provisions of REE’s Amended and Restated Articles.

Share Capital

The authorized share capital of the company consists of 55,333,333
Class A ordinary shares, without par value (“Class A Ordinary Shares”), and 2,780,570 Class B ordinary shares, without par
value (“Class B Ordinary Shares”).

All of the outstanding ordinary shares are validly issued, fully paid
and non-assessable. The ordinary shares are not redeemable and do not have any preemptive rights.

Other than with respect to Class B Ordinary Shares, REE’s board
of directors may determine the issue prices and terms for such shares or other securities, and may further determine any other provision
relating to such issue of shares or securities. REE may also issue and redeem redeemable securities on such terms and in such manner as
REE’s board of directors shall determine.

The following descriptions of share capital and provisions of the Amended
and Restated Articles are summaries and are qualified by reference to our Amended and Restated Articles.

Class A Ordinary Shares

Voting Rights

Holders of Class A Ordinary Shares are entitled to cast one vote per
each Class A Ordinary Share held as of the applicable record date. Generally