10X Capital Venture in an 8-K filing today shared an inevtor presentation promoting its pending merger with REE Automotive.
Announced in February, the transaction is expected to provide REE more than $500 million of gross proceeds. This includes funds from a fully committed $300 million PIPE with participation from long-term strategic investors including Koch Strategic Platforms, Mahindra & Mahindra and Magna International.
REE is an electric vehicle technology startup. Read more.
