Company: REE
Filing Date: 2025-03-19
Form Type: 424B5
Source: 0001213900-25-024847
Chunk: 20

Company: REE Automotive Ltd.
Filing Date: 2025-03-19
Form: 424B5
Chunk 20
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 subsidiaries
which results in or would reasonably be expected to result in or would reasonably be expect to result in material loss, damage or injury
to REE and its subsidiaries, their goodwill, business or reputation; (iv) such Founder’s conviction, guilty plea, no contest plea,
or similar plea for any felony or any crime that results in or would reasonably be expected to result in material loss, damage or injury
to REE and its subsidiaries, their goodwill, business or reputation; (v) such Founder’s use of alcohol or drugs while working that
materially interferes with the ability of such Founder to perform such Founder’s material duties hereunder; (vi) such Founder’s
material breach of a material REE policy, or material breach of an REE policy that results in or would reasonably be expected to result
in material loss, damage or injury to the Company and its subsidiaries, their goodwill, business or reputation; or (vii) such Founder’s
material breach of any of his obligations under the employment agreement between such Founder and REE, as in effect from time to time
(the “Founder Employment Agreement”) which results in or would reasonable be expected to result in material loss, damage,
or injury to the Company and its subsidiaries, their goodwill, business or reputation ; provided, that, for clauses (i) - (vii) above,
REE delivers written notice to such Founder of the condition giving rise to Cause within 90 days after its initial occurrence.

<div align='center'>S-11</div>

Repurchase

The Class B Ordinary Share are not subject to repurchase.

Exchange Controls

There are currently no Israeli currency control restrictions on remittances
of dividends on Class A Ordinary Shares, proceeds from the sale of the Class A Ordinary Shares or interest or other payments to non-residents
of Israel, except for shareholders who are subjects of countries that at the time are, or have been, in a state of war with Israel.

Registration Rights

Concurrently with the execution and delivery of the Agreement and Plan
of Merger, dated as of February 3, 2021, by and among 10X Capital Venture Acquisition Corp (“10X Capital”), REE and Merger
Sub (the “Merger Agreement”), 10X Capital, its executive officers and directors (the “Insiders”), 10X Capital
SPAC Sponsor I LLC (the “Sponsor”) and certain of the shareholders of REE entered into an Amended and Restated Investors’
Rights