Roth Capital downgraded REE Automotive from Buy to Neutral

H.C. Wainwright downgraded REE Automotive from Buy to Neutral

Alliance Global Partners initiated coverage of REE Automotive with a rating of Buy and set a new price target of $8.50

ROTH MKM initiated coverage of REE Automotive with a rating of Buy and set a new price target of $14.00

Cantor Fitzgerald downgraded REE Automotive from Neutral to Underweight and set a new price target of $4.00 from $4.00 previously

BTIG Research downgraded REE Automotive from Buy to Neutral

Wells Fargo initiated coverage of REE Automotive with a rating of Underweight and set a new price target of $1.00

Cantor Fitzgerald initiated coverage of REE Automotive with a rating of Overweight and set a new price target of $9.00

Morgan Stanley initiated coverage of REE Automotive with a rating of Underweight and set a new price target of $5.00

BTIG initiated coverage of REE Automotive with a rating of Buy and set a new price target of $20.00

TEL AVIV, Israel, May 15, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company that develops and builds software-defined vehicle technology and a provider of full by-wire electric trucks and platforms, today announced its fourth quarter and fiscal year 2024 financial results. "2024 was a breakthrough year for REE. We successfully accelerated our vision of software defined vehicle (SDV) technology from concept to commercial reality in 2024. We are seeing growing interest in our SDV platform from OEMs and technology companies, as evidenced by our reservations. We are encouraged by the notable interest in our softwar

TEL AVIV, Israel, April 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company that develops and builds software-defined vehicle technology and provider of full by-wire electric trucks and platforms, today announced a 2024 business update and that it reschedules the release date of its fourth-quarter and fiscal year 2024 financial results to before the market opens on Thursday, May 15, 2025, as it requires additional time to complete the Annual Report. The Company does not anticipate any material changes to the financial results included in today's announcement. 2024 Business Highlights Increased reservations1 to nearly $

TEL AVIV, Israel, March 28, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company that develops and builds software-defined electric vehicles, today announced it will report its fourth-quarter and fiscal year 2024 financial results before market opens on Tuesday, April 29, 2025. A webcast and conference call will be held on the same day at 8:30 a.m. ET to review the Company's financial results for the fourth quarter of 2024 and discuss recent events and conduct a question-and-answer session. Investors may submit questions for consideration by emailing [email protected]. Event: REE's Fourth-Quarter and Fiscal Year 2024 Financial Results

Motherson Group and M&G Investment led the round and held their ownership stake in the company Pricing is in addition to the previously announced $27 million offeringNew capital further strengthens REE's cash position ahead of planned vehicle deliveries for nearly $1 billion in reservations TEL AVIV, Israel, March 26, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company that develops and builds software-defined electric vehicles, today announced that it has entered into securities purchase agreements with certain existing strategic investors, including M&G Investments and Motherson Group, for the purchase and sale of 2,219,

TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) (the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that it has entered into securities purchase agreements with new institutional investors and certain existing strategic investors, including M&G Investments and Varana Capital, for the purchase and sale of 6,376,631 ordinary shares at a purchase price of $4.25 per share, pursuant to a registered direct offering, resulting in gross proceeds of up to approximately $27 million at closing(s) before deducting placement agent commissions and other offering expenses. The initial closing o

REE is intended to be the exclusive provider of software-defined vehicle technology to this leading tech company in multiple global marketsDefinitive long-term collaboration agreement expected in 2025, leveraging REE's P7 platform to deliver thousands of autonomous vehicles by 2030 with start of production expected in 2027Targeting revenue from the strategic collaboration agreement of up to $770 million by 2030 with software and services revenue expected to begin in H2 2025 TEL AVIV, Israel, March 18, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company that develops and builds software-defined electric vehicles, entered into a non-binding memorandum

Work Truck Week attendees can get behind the wheel of the first U.S.-certified full-by-wire vehicleP7-C with a Wabash high floor box and lift gate will be on display at REE's booth #1843; P7-C with the Knapheide stakebed body will be available for outdoor ride & drives at the Indiana Convention CenterREE recently received California's Hybrid and Zero-Emission Truck and Bus Voucher Incentive Project (HVIP) approval, unlocking up to $60,000 in incentives for California Fleets under the state's current tax incentive programREE's collaboration with Geotab network aims to bring advanced data analytics to fleets using REE's software defined vehicles (SDVs) INDIANAPOLIS, Feb. 25, 2025 (GLOBE N

REE's software defined vehicles ("SDV") deliver more real-time data than traditional commercial solutionsGeotab to gain access to REEai Cloud for advanced data analytics aimed to reduce total cost of ownership ("TCO") for expanding North American fleetGeotab fleet management solution enables fleets to monitor REE's SDVs and other vehicles seamlessly, while significantly enhancing the cache of data quality and volume TEL AVIV, Israel, Feb. 20, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced a collaboration with Geotab, a global leader in telematics and fleet management so

Mission Mobile, one of the world's largest mobile health companies, intends to build its new mobile healthcare fleet on REE's P7 electric trucks.New Powered by REE fleet will aim to expand Mission Mobile's 200 mobile healthcare programs targeting more than two million Americans in 42 states who currently do not have equitable healthcare access.First P7 vehicle delivery is slotted for mid 2025. GREENSBORO, N.C. and TEL AVIV, Israel, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Mission Mobile Medical and REE Automotive Ltd. (NASDAQ:REE) have signed an agreement under which REE will provide vehicles to Mission Mobile Medical which will be used by the latter to make healthcare more accessible to peopl

TEL AVIV, Israel, Jan. 21, 2025 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, will participate in the Sidoti Micro-Cap Virtual Conference on January 23, 2025. CEO and co-founder Daniel Barel will deliver a live presentation from 8:30 to 9 a.m. ET (Track 1) to discuss REE's software-defined vehicle technology, market opportunities and outlook for 2025 and beyond. The presentation is available to stream online by registering here. Conference participants may schedule one-on-one meetings with REE by contacting Dana Rubenstein at [email protected] or requesting them through the Sidoti online

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TEL AVIV, Israel, Nov. 14, 2024 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE) ("REE" or the "Company"), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced the appointment of Rajesh Goel, president at Motherson Group ("Motherson"), to its board of directors and announced the return of Hai Aviv as Chief Financial Officer (CFO) to lead REE's North American expansion. Both appointments take effect on November 15, 2024. Motherson Group is strengthening its commitment to REE, with the appointment of Rajesh Goel to the Board of Directors. Rajesh's extensive automotive background, including his current leadership role at Mothers

TEL AVIV, Israel, Sept. 11, 2023 (GLOBE NEWSWIRE) -- REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced that Carlton Rose has been appointed Chairman of its Board of Directors (Board), effective upon his re-election to the Board at REE's 2023 Annual Meeting of Shareholders scheduled for October 16, 2023 (AGM). Rose joined REE's Board in June shortly after retiring from a long and distinguished career at UPS where he last served as the president of global fleet maintenance and engineering. "I would like to congratulate Carlton on his appointment as Chairman in such paramount stage for REE as we prep

TEL-AVIV, Israel, March 15, 2023 (GLOBE NEWSWIRE) -- GlobeNewswire – REE Automotive Ltd. (NASDAQ:REE), an automotive technology company and provider of electric vehicle (EV) platforms, today announced that David Goldberg, who has served as Chief Financial Officer since 2022, will be stepping down from his current executive duties on March 28, 2023, to pursue other career opportunities. He will continue to work with the company through the end of June 2023 in a new role as a senior advisor. David will be succeeded by Mr. Yaron Zaltsman who has been appointed Chief Financial Officer effective March 29, 2023. Mr. Zaltsman is an experienced CFO and Board Member of several publicly listed co

TEL AVIV, Israel, April 05, 2022 (GLOBE NEWSWIRE) -- REE Automotive ("REE") (NASDAQ:REE), today announced the appointment of operations and manufacturing executive Josh Tech as the company's chief operations officer (COO). Josh joins REE after serving on Tesla's Operations Leadership Team as Head of the New Product/Manufacturing Introduction group. Previously, he oversaw manufacturing development and launch at a worldwide leader in automotive exterior design, development, and manufacturing, and most recently served as Vice President of Manufacturing and Engineering for one of America's most advanced construction technology firms, Plant Prefab. Based in the U.S., Josh replaces Michael Charl

LAS VEGAS, Jan. 6, 2022 /PRNewswire/ -- REE Automotive ("REE") (NASDAQ:REE), today announced the appointment of automotive industry finance executive David Goldberg as the company's Chief Financial Officer (CFO) effective Feb 2022.  Mr. Goldberg joins REE from Magna International, one of the world's largest automotive suppliers, where he is currently Senior Vice President of Corporate Development, following a role as Vice President of Finance and Corporate Development at the company.  Mr. Goldberg brings to REE 20 years of experience in corporate finance, mergers & acquisitio

Expanded Board Enhances Financial and Governance Expertise Supporting ESG Commitments REE Automotive Ltd. (NASDAQ:REE), a leader in e-mobility, announced today that it has expanded its Board of Directors, appointing two new independent members. The additional board members deepen and diversify its leadership as the company progresses towards technology maturation and commercial production in 2023. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211026005784/en/Michal Brikman (Photo: Business Wire) REE has appointed seasoned veterans Ms. Michal Brikman and Ms. Lilach Geva-Harel, who bring a wealth of public company financial, corp

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