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Security Profile
- Security Type
- Common Stock
- Previous Symbol
- VCVCW (changed 7/23/2021)
- Previous Name
- 10X Capital Venture Acquisition Corp
- Parent Company
- REE Automotive Ltd. (REE)
Business: REE Automotive Ltd. is an automotive technology leader with a vision to become the cornerstone of tomorrow’s zero-emission Electric Vehicles. REEcorner technology packs traditional vehicle drive components (steering, braking, suspension, powertrain and control) into the arch of the wheel, allowing for the industry's flattest EV platform. Fully scalable and completely modular, REE offers multiple customer benefits including complete vehicle design freedom, more space and volume with the smallest footprint, lower TCO, faster development times, ADAS compatibility, reduced maintenance and global safety standard compliance.
Notes: Each whole warrant entitles the holder thereof to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Each warrant will become exercisable on the later of 30 days after the completion of an initial business combination or 12 months from the closing of this offering and will expire on the fifth anniversary of the completion of an initial business combination, or earlier upon redemption or liquidation.
Company Contact
- CEO
- Daniel Barel
- CFO
- Yaron Zaltsman
- Investor Relations
- investors@ree.auto