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$3.1 Billion

REE

Sell-side

Exclusive Financial Advisor, February 2021

Combination with 10X Capital Venture Acquisition Corp

REE is revolutionizing the e-Mobility industry through its highly modular and disruptive REEcorner technology which integrates critical vehicle components (steering, braking, suspension, powertrain and control) into the arch of the wheel. REE’s proprietary x-by-wire technology challenges century-old automotive concepts by being agnostic to vehicle size and design, power-source and driving mode (human or autonomous). Platforms utilizing REEcorners can present significant functional and operational advantages over conventional EV “skateboards” currently available in the market.

10X Venture Acquisition Corp is sponsored by 10X Capital. 10X raised $175 million through an initial public offering in November 2020.

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