REE AUTOMOTIVE LTD

10X Capital Venture Acquisition Corp, trading under the ticker VCVC and sponsored by 10X Capital, completed its business combination with REE Automotive Ltd, an Israeli developer of modular electric vehicle platform technology. The SPAC, which went public in 2020, announced the deal with REE Automotive in February 2021, targeting the rapidly expanding electric vehicles sector. REE Automotive's platform-based EV architecture, designed to integrate drivetrain, steering, braking, and suspension components into the wheel arch, attracted significant industry attention at announcement. The transaction has since closed, bringing REE Automotive to public markets. Sign up at SpacDesk for full deal data, filings, and analytics on this and every other SPAC transaction.

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