Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 38

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 38
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 supplement before you invest.

Our Class A ordinary shares
are listed on the NASDAQ Global Select Market under the symbol “REE.” On August 25, 2022, the last reported sale price of
our Class A ordinary shares was $1.34 per share.

INVESTING IN OUR SECURITIES INVOLVES RISKS. SEE “ RISK FACTORS” ON PAGE 4 OF THIS PROSPECTUS. YOU SHOULD CAREFULLY CONSIDER THESE RISK FACTORS BEFORE INVESTING IN ANY OF OUR SECURITIES.

None of the Securities and Exchange Commission, the Israel Securities Authority or any state securities commission has approved or disapproved of these securities or passed upon the adequacy or accuracy of this prospectus. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is August 25, 2022.

TABLE OF CONTENTS</div>

| ABOUT THIS PROSPECTUS                             |     |  1 |
| SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS |     |  2 |
| COMPANY OVERVIEW                                  |     |  3 |
| CORPORATE INFORMATION                             |     |  3 |
| RISK FACTORS                                      |     |  4 |
| OFFER STATISTICS AND EXPECTED TIMETABLE           |     |  5 |
| USE OF PROCEEDS                                   |     |  5 |
| DESCRIPTION OF SECURITIES                         |     |  6 |
| DESCRIPTION OF ORDINARY SHARES                    |     |  6 |
| DESCRIPTION OF DEBT SECURITIES                    |     |  7 |
| DESCRIPTION OF SUBSCRIPTION RIGHTS                |     |  9 |
| DESCRIPTION OF WARRANTS                           |     | 10 |
| DESCRIPTION OF UNITS                              |     | 11 |
| PLAN OF DISTRIBUTION                              |     | 12 |
| ENFORCEMENT OF CIVIL LIABILITIES                  |     | 14 |
| EXPENSES                                          |     | 15 |
| LEGAL MATTERS                                     |     | 16 |
| EXPERTS                                           |     | 16 |
| WHERE YOU CAN FIND MORE INFORMATION               |     | 17 |

<div align='center'>i

ABOUT THIS PROSPECTUS</div>

This prospectus is part of
a registration statement that we filed with the Securities and Exchange Commission, or the SEC, using a “shelf” registration
process. By using a shelf registration statement, we may sell any combination