Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 31

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 31
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 meeting of shareholders
of the other merging company, or by a person or entity holding the right to appoint 25% or more of the directors of the other merging
company, unless a court rules otherwise, the merger will not be deemed approved if a majority of the shares voted on the matter at the
general meeting of shareholders (excluding abstentions) that are held by shareholders other than the other party to the merger, or by
any person or entity who holds 25% or more of the voting rights of the other party or the right to appoint 25% or more of the directors
of the other party, or any one on their behalf including their relatives or corporations controlled by any of them, vote against the merger.
In addition, if the non-surviving entity of the merger has more than one class of shares, the merger must be approved by each class of
shareholders. If the transaction would have been approved but for the separate approval of each class or the exclusion of the votes of
certain shareholders as provided above, a court may still approve the merger upon the request of holders of at least 25% of the voting
rights of a company, if the court holds that the merger is fair and reasonable, taking into account the valuation of the merging companies
and the consideration offered to the shareholders. If a merger is with a company’s controlling shareholder or if the controlling
shareholder has a personal interest in the merger, then the merger is instead subject to the same special majority approval that governs
all extraordinary transactions with controlling shareholders.

Under the Companies Law, each merging company must deliver to its secured
creditors the merger proposal and inform its unsecured creditors of the merger proposal and its content. Upon the request of a creditor
of either party to the proposed merger, the court may delay or prevent the merger if it concludes that there exists a reasonable concern
that, as a result of the merger, the surviving company will be unable to satisfy the obligations of the merging company, and may further
give instructions to secure the rights of creditors.

In addition, a merger may not be completed unless at least 50 days
have passed from the date that a proposal for approval of the merger is filed with the Israeli Registrar of Companies and 30 days from
the date that shareholder approval of both merging companies is obtained.

<div align='center'>S-16</div>

Anti-Takeover Measures

The Companies Law allows us to create and issue shares having rights
different from those attached to Ordinary Shares