Brief: REE Automotive Announces Increase In Previously Announced Registered Direct Offering To $36.4 Million With Pricing Of Additional $9.4 Million At Premium To Market, Led By Strategic Investor Motherson Group
26/03/2025 12:02
March 26 (Reuters) - REE Automotive Ltd REE.O: REE AUTOMOTIVE ANNOUNCES INCREASE IN PREVIOUSLY ANNOUNCED REGISTERED DIRECT OFFERING TO $36.4 MILLION WITH PRICING OF ADDITIONAL $9.4 MILLION AT PREMIUM TO MARKET, LED BY STRATEGIC INVESTOR MOTHERSON GROUP REE AUTOMOTIVE LTD: PURCHASE AND SALE OF 2,219,176 ORDINARY SHARES AT A PURCHASE PRICE OF $4.25 PER SHARE Source text: ID:nGNXbtXySt Further company coverage: REE.O ((Reuters.Briefs@thomsonreuters.com;))