REE Automotive raises $45.35 million in registered direct offering led by M&G

REE Automotive has priced a $45.35 million registered direct offering, led by M&G Investment ($20 million), with participation from Motherson Group ($15 million) and Varana Capital ($5.25 million).

“REE priced a $ 45.35 million registered direct offering, led by M&G Investment, REE's largest shareholder, who invested $ 20 million; Motherson, who invested $ 15 million in the round; and Varana Capital, one of REE's earliest investors; who invested $5.25 million.”ree.auto

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• ree.autoREE Automotive Announces Global Manufacturing Agreement with Leading Automotive Supplier Motherson Group Making Strategic Investment in a $45.35 Million Registered Direct Offering Led By M&G - REESep 16, 2024

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