04
Feb
13:40
REE Automotive to list on Nasdaq with 10X merger
REE Automotive plans to list on the Nasdaq stock exchange via a merger agreement with 10X Capital Venture Acquisition Corp, Kallanish reports.
The company will trade under the ticker REE.
REE produces “modular, mission-specific EV platforms” with a focus on autonomous-ready vehicles.
REE will garner a total of $500 million in gross proceeds as a result of the merger, in addition to the ability to list on the Nasdaq. It claims an order boo…
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