REE Announces Pricing of Public Offering of Ordinary Shares
REE Automotive Ltd. - Class A Ordinary Shares (REE)
Company Research
Source: GlobeNewswire
TEL AVIV, Israel, March 01, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), today announced the pricing of an underwritten public offering of 2,000,000 Class A ordinary shares (the “ordinary shares”). Each ordinary share is being sold at a public offering price of $6.50 per share. The Company has granted the underwriter a 20-day option to purchase up to an additional 300,000 ordinary shares sold in the offering to cover over-allotments, if any. Roth Capital Partners is acting as sole book-running manager for the offering. The offering is expected to close on March 5, 2024. REE intends to use the net proceeds from the offering primarily for working capital and general corporate purposes, including continued product development and commercialization. The securities were offered pursuant to an effective shelf registration statement on Form F-3 (File No. 333-266902), including a base prospectus, filed with the Securities and Exchange Commission (
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Earnings
- 3/27/24 - Miss
REE
Sec Filings
- 4/9/24 - Form SC
- 4/5/24 - Form 144
- 4/1/24 - Form 144
- REE's page on the SEC website