Ree announces pricing of public offering of ordinary shares

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.
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