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REE Automotive Ltd. Shares to Begin Trading on Nasdaq Friday

By Stephen Nakrosis

Automotive technology company REE Automotive Ltd. said Thursday it had completed its previously announced merger with blank-check company 10X Capital Venture Acquisition Corp., with shares of the combined company slated to begin trading on Nasdaq on July 23.

REE said shares of the combined company would trade under the symbol "REE" and its warrants under the symbol "REEAW."

The company also said in 2021 it executed strategic collaborations with Magna International, Hino Motors and Navya, among others. Ree also recently announced a strategic collaboration with EAVX, a business unit of JB Poindexter & Co.

Daniel Barel, REE's co-founder and chief executive, will continue to lead the company, REE said.

-Write to Stephen Nakrosis at [email protected]


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