Company: REE
Filing Date: 2025-03-27
Form Type: 424B5
Source: 0001013762-25-003025
Chunk: 37

Company: REE Automotive Ltd.
Filing Date: 2025-03-27
Form: 424B5
Chunk 37
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 we engaged A.G.P. as the exclusive placement agent in connection with the offering. We agreed to pay
the Placement Agent a placement agent fee in cash equal to eight percent (8%) of the aggregate gross proceeds raised in the offering from
certain investors, provided, however that the cash fee was two percent (2%) with respect to proceeds raised from certain other investors
and certain existing shareholders. We agreed to reimburse the Placement Agent at closing for legal and other accountable expenses incurred
by them in connection with the offering in an aggregate amount not to exceed $70,000. We also agreed to reimburse the Placement Agent
at closing for certain non-accountable expenses in an aggregate amount not to exceed $10,000.

Listing

Our Ordinary Shares are listed
on Nasdaq under the symbol “REE.”

<div align='center'>S-19

LEGAL MATTERS</div>

Certain legal matters with respect to the legality
of the issuance of the securities offered by this prospectus and other legal matters concerning this offering relating to Israeli law
will be passed upon for us by Herzog Fox & Neeman, Tel Aviv, Israel. Certain legal matters concerning this offering will be passed
upon for us by Sullivan & Worcester LLP, New York, New York.Thompson Hine
LLP, New York, New York is acting as counsel to the Placement Agent in connection with this offering.

<div align='center'>EXPERTS</div>

The consolidated financial
statements of REE Automotive Ltd. appearing in REE Automotive Ltd.’s Annual Report on Form 20-F for the year ended December 31,
2023, as filed with the SEC on March 27, 2024, have been audited by Kost Forer Gabbay & Kasierer, a member of Ernst & Young Global,
independent registered public accounting firm, as set forth in their report thereon, included therein, and incorporated herein by reference.
Such consolidated financial statements are incorporated herein by reference in reliance upon such report given on the authority of such
firm as experts in accounting and auditing.

<div align='center'>WHERE YOU CAN FIND MORE INFORMATION</div>

We have filed a registration
statement with the SEC under the Securities Act that registers the offer and sale of the securities covered by this prospectus supplement.
The registration statement, including the exhibits attached thereto and incorporated by reference therein, contains additional relevant
information about us. In addition, we file annual, quarterly and other reports and other information with the SEC. The SEC maintains a