REE Automotive to List on NASDAQ Through Merger with 10X Capital Venture Acquisition Corp

NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (“REE” or “the Company”) and 10X Capital Venture Acquisition Corp (“10X SPAC”) (NASDAQ:VCVC), a special purpose acquisition company (“SPAC”), today announced they have entered into a merger agreement for a business combination that would result in REE becoming a publicly listed company. Following the close, NASDAQ will list the combined company under the ticker “REE”.