# EDGAR Filing Document

**Accession Number:** 0001843588
**File Stem:** 0001213900-23-020439
**Filing Date:** 2023-3
**Character Count:** 10026
**Document Hash:** 09169484e9f3358a1dc057237a5ab86b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-020439.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001213900-23-020439

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 24

**CONFORMED PERIOD OF REPORT**: 20230316

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** REE Automotive Ltd.
- **CENTRAL INDEX KEY:** 0001843588
- **STANDARD INDUSTRIAL CLASSIFICATION:** MOTOR VEHICLES & PASSENGER CAR BODIES [3711]
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40649
- **FILM NUMBER:** 23737387

**BUSINESS ADDRESS:**
- **STREET 1:** AHARON MESKIN ST 10
- **CITY:** TEL AVIV-YAFO
- **STATE:** L3
- **ZIP:** 6901001
- **BUSINESS PHONE:** 972 54 473 6596

**MAIL ADDRESS:**
- **STREET 1:** AHARON MESKIN ST 10
- **CITY:** TEL AVIV-YAFO
- **STATE:** L3
- **ZIP:** 6901001

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington D.C. 20549**

**Form 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16**

**UNDER THE SECURITIES EXCHANGE ACT OF 1934**

For the month of March, 2023

Commission File Number: 001-40649

**<br> REE AUTOMOTIVE LTD.**

(Translation of registrant's name into English)

**Kibbutz Glil-Yam 4690500, Israel**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒ Form 40-F ☐

**EXPLANATORY NOTE**

On March 16, 2023, REE Automotive, Inc. (the "Company") announced its financial results for the fourth quarter ended December 31, 2022. The full text of the press release (the "Press Release") and shareholder letter issued in connection with the announcement are furnished as Exhibits 99.1 and 99.2, respectively, to this Report of Foreign Private Issuer on Form 6-K. In the Press Release, the Company also announced that it will be holding an audio webcast on March 16, 2023 at 8:30am ET to discuss its financial results for the fourth quarter ended December 31, 2022.

**EXHIBIT INDEX**

The following exhibit is filed as part of this Form 6-K:

---

| | |
|:---|:---|
| **Exhibit No.** | **Exhibit** |
| 99.1 | [Press release of REE Automotive Ltd., dated March 16, 2023](ea175328ex99-1_reeauto.htm) |
| 99.2 | [Shareholder Letter, dated March 16, 2023](ea175328ex99-2_reeauto.htm) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: March 16, 2023

---

| | |
|:---|:---|
| **REE Automotive Ltd.** | **REE Automotive Ltd.** |
| By: | /s/ Avital Futterman |
| Name: | Avital Futterman |
| Title: | General Counsel |

---

## Exhibit 99.1

**Exhibit 99.1** 

**REE AUTOMOTIVE ANNOUNCES FOURTH QUARTER 2022 FINANCIAL RESULTS** 

Strong order book growth; initial deliveries slated to begin in 4Q23

● Achieved
 key development milestones in 2022 on time and in line with budget with total operating expenses
 of $127 million

● Liquidity
 of $154 million supports anticipated non-GAAP operating expense of $70-$75 million for 2023
 with P7 program fully funded into commercialization

● Strong

 3Q22 results with 35 firm orders as of today

● Delivered
 2 prototypes to an OEM for customer evaluation and testing

● Grew
 our go to market strategy by achieving direct sales and entering into additional dealership
 agreements in the US

● Provided
 suppliers with 2023-24 production forecast; built the first batch of production intent P7
 vehicles for validation; certification activities underway

● Company
 expects to begin deliveries to customers in 4Q23; and is targeting COGS breakeven in the
 low hundreds of vehicles and adjusted EBITDA breakeven in the low thousands of vehicles

TEL AVIV – March 16, 2023 – REE Automotive Ltd. (NASDAQ: REE) ("REE" or the "Company"), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced its financial results for the fourth quarter ended December 31, 2022, through a shareholder letter posted on the Company's investor relations website at https://investors.ree.auto . The Company will also hold a conference call today, March 16 at 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company's website. Click here for webcast URL. For the telephone conference online registration click here.

**About REE**

Contacts

**Investors**

Kamal Hamid<br> VP Investor Relations \| REE Automotive<br> +1 303-670-7756<br> investors@ree.auto

**Media**

Keren Shemesh<br> Chief Marketing Officer<br> media@ree.auto

**Caution About Forward-Looking Statements**

This communication includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding REE or its management team's expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to plans, projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "aim" "anticipate," "appear," "approximate," "believe," "continue," "could," "estimate," "expect," "foresee," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "seek," "should," "would", "designed," "target" and similar expressions (or the negative version of such words or expressions) may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements in this communication may include, among other things, statements about REE's strategic and business plans, technology, relationships, objectives and expectations for our business, the impact of trends on and interest in our business, intellectual property or product and its future results, operations and financial performance and condition.

These forward-looking statements are based on information available as of the date of this communication and current expectations, forecasts, and assumptions. Although REE believes that the expectations reflected in forward-looking statements are reasonable, such statements involve an unknown number of risks, uncertainties, judgments, and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by forward-looking statements. These factors are difficult to predict accurately and may be beyond REE's control. Forward-looking statements in this communication speak only as of the date made and REE undertakes no obligation to update its forward-looking statements, whether as a result of new information, future developments or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. In light of these risks and uncertainties, investors should keep in mind that results, events or developments discussed in any forward-looking statement made in this communication may not occur.

Uncertainties and risk factors that could affect REE's future performance and could cause actual results to differ include, but are not limited to: REE's ability to commercialize its strategic plan, including its plan to successfully evaluate, produce and market its newest medium-duty electric box truck built on a P7 platform, as discussed in this press release; REE's ability to maintain and advance relationships with current Tier 1 suppliers and strategic partners; development of REE's advanced prototypes into marketable products; REE's ability to grow and scale manufacturing capacity through relationships with Tier 1 suppliers; REE's estimates of unit sales, expenses and profitability and underlying assumptions; REE's reliance on its UK Engineering Center of Excellence for the design, validation, verification, testing and homologation of its products; REE's limited operating history; risks associated with plans for REE's initial commercial production; REE's dependence on potential suppliers, some of which will be single or limited source; development of the market for commercial EVs; intense competition in the e-mobility space, including with competitors who have significantly more resources; risks related to the fact that REE is incorporated in Israel and governed by Israeli law; REE's ability to make continued investments in its platform; the impact of the ongoing COVID-19 pandemic and any other worldwide health epidemics or outbreaks that may arise; and adverse global conditions, including macroeconomic and geopolitical uncertainty; the need to attract, train and retain highly-skilled technical workforce; changes in laws and regulations that impact REE; REE's ability to enforce, protect and maintain intellectual property rights; REE's ability to retain engineers and other highly qualified employees to further its goals; and other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in REE's annual report filed with the U.S. Securities and Exchange Commission (the "SEC") on March 28, 2022 and in subsequent filings with the SEC.

## Exhibit 99.2

**Exhibit 99.2**

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