REE Automotive, Ltd. Announces Date for Third Quarter 2022 Earnings Release and Conference Call
November 02 2022 - 9:05AM
REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), an
automotive technology leader and provider of electric vehicle
platforms, announced today that the Company will release its third
quarter 2022 financial results before the NASDAQ market opens on
Wednesday, November 16, 2022. A webcast and conference call will be
held on the same date at 8:30 a.m. Eastern time to review the
Company’s results, discuss recent events and conduct a
question-and-answer session.
The live webcast of the conference call can be accessed on the
Investors section of the Company’s website at
investors.ree.auto.
The conference call will be accessible domestically or
internationally, by pre-registering in the link provided at
investors.ree.auto. Upon registering, each participant will be
provided with a Participant Dial-in Number, and a unique Personal
PIN.
About REE
REE Automotive (NASDAQ: REE) is an automotive technology company
that allows companies to build any size or shape of electric
vehicle on their modular platforms. With complete design freedom,
vehicles Powered by REE are equipped with the revolutionary
REEcorner, which packs critical vehicle components (steering,
braking, suspension, powertrain and control) into a single compact
module positioned between the chassis and the wheel, enabling REE
to build the industry’s flattest EV platforms with more room for
passengers, cargo and batteries. REE platforms are future proofed,
autonomous capable, offer a low TCO, and drastically reduce the
time to market for fleets looking to electrify. For more
information visit www.ree.auto.
Contacts
Kamal HamidVP Investor Relations | REE Automotive+1
303-670-7756investors@ree.auto
MediaJessica DingleyGlobal Communications
Director | REE Automotive+44 785-4545-705media@ree.auto
Caution About Forward-Looking StatementsThis
communication includes forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical facts, may be
forward-looking statements. Words such as “may,” “will,” “should,”
“likely,” “anticipates,” “expects,” “intends,” “plan,” “projects,”
“believes,” “views,” “estimates,” “future,” “allow”, “aims,”
“strives,” “endeavors” and similar expressions are used to identify
these forward-looking statements. These statements include, among
other things, the Company’s statements about the Company’s
strategic and business plans, relationships or outlook, the impact
of trends on and interest in its business, intellectual property or
product and its future results. These forward-looking statements
are based on REE’s expectations and beliefs concerning future
events and involve risks and uncertainties that may cause actual
results to differ materially from current expectations. These
factors are difficult to predict accurately and may be beyond REE’s
control. Forward-looking statements in this communication or
elsewhere speak only as of the date made and REE undertakes no
obligation to update its forward-looking statements, whether as a
result of new information, future developments or otherwise, should
circumstances change, except as otherwise required by securities
and other applicable laws. In light of these risks and
uncertainties, investors should keep in mind that results, events
or developments discussed in any forward-looking statement made in
this communication may not occur. Uncertainties and risk factors
that could affect REE’s future performance and cause results to
differ from the forward-looking statements in this release include,
but are not limited to: REE’s ability to commercialize its
strategic plan; REE’s ability to maintain and advance relationships
with current Tier 1 suppliers and strategic partners; development
of REE’s advanced prototypes into marketable products; REE’s
ability to grow and scale manufacturing capacity through
relationships with Tier 1 suppliers; REE’s estimates of unit sales,
expenses and profitability and underlying assumptions; REE’s
reliance on its UK Engineering Center of Excellence for the design,
validation, verification, testing and homologation of its products;
REE’s limited operating history; risks associated with plans for
REE’s initial commercial production; REE’s dependence on potential
suppliers, some of which will be single or limited source;
development of the market for commercial EVs; intense competition
in the e-mobility space, including with competitors who have
significantly more resources; risks related to the fact that the
Company is incorporated in Israel and governed by Israeli law;
REE’s ability to make continued investments in its platform; the
impact of the ongoing COVID-19 pandemic and any other worldwide
health epidemics or outbreaks that may arise; the need to attract,
train and retain highly-skilled technical workforce; changes in
laws and regulations that impact REE; REE’s ability to enforce,
protect and maintain intellectual property rights; REE’s ability to
retain engineers and other highly qualified employees to further
its goals; and other risks and uncertainties set forth in the
sections entitled “Risk Factors” and “Cautionary Note Regarding
Forward-Looking Statements” in REE’s final prospectus relating to
its business combination filed with the U.S. Securities and
Exchange Commission (the “SEC”) on July 1, 2021 and in subsequent
filings with the SEC. While the list of factors discussed above and
the list of factors presented in the final prospectus are
considered representative, no such list should be considered to be
a complete statement of all potential risks and uncertainties.
Unlisted factors may present significant additional obstacles to
the realization of forward-looking statements.
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