Company: REE
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001628280-25-025661
Chunk: 213

Company: REE Automotive Ltd.
Filing Date: 2025-05-15
Form: 20-F
Item: Item 19
Chunk 213
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, 2023          
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  Employees and payroll accruals      $                      51      $                      50  

NOTE 20. SUBSEQUENT EVENTS

During March 2025, the Company conductedtwoseparate registered direct offerings with certain institutional and accredited investors, providing for a combined issuance of an aggregate of8,595,807Class A Ordinary Shares, no par value per share. The Company sold its Class A Ordinary Shares in both offerings at a purchase price of $4.25per ordinary share, resulting in aggregate gross proceeds of approximately $36.5million and net proceeds of approximately $34.3million after deducting each of the respective placement agent fees and other estimated offering expenses payable by the Company.

F-42