White & Case Advises REE Automotive on Its US$3.1 Billion Business Combination and Nasdaq Listing

Press Release
1 min read

Global law firm White & Case LLP has advised REE Automotive Ltd., a leader in e-mobility, on the completion of its merger with 10X Capital Venture Acquisition Corp. and the listing of the combined company, named REE Automotive Ltd., on Nasdaq. REE's shares and warrants began trading on Friday, July 23, 2021, under the ticker symbols "REE" and "REEAW," respectively.

Headquartered in Tel Aviv, Israel, with subsidiaries in the US, the UK and Germany, REE is an automotive technology pioneer, creating the cornerstone for tomorrow's zero-emission vehicles. REE's mission is to empower global mobility companies to build any size or shape of electric or autonomous vehicle for any application and any target market.

The White & Case team was led by partners Colin Diamond and Sang Ji in New York and Tali Sealman in Silicon Valley. The team also included partners Joel Rubinstein and Jonathan Rochwarger (Capital Markets) in New York; partner Maia Gez (Capital Markets) in Silicon Valley; associates Kate Warrick (Capital Markets), Mitchell Li (Tax) and Michael Xu (M&A) in New York; associate Gabrielle Hodgson (M&A) in Silicon Valley; and partner Henrik Patel and counsel Aaron Feuer (both Employment, Compensation & Benefits) in New York.

Since June 2020, White & Case has advised on over 30 business combination transactions for SPACs and target companies and on over 100 IPOs for SPACs.

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