REE Automotive, Ltd. Announces Date for Second Quarter 2021 Financial Results Release, Webcast and Conference Call
August 10 2021 - 4:15PM
REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), a
leader in e-mobility, announced today that the Company will release
its second quarter 2021 financial results before the NASDAQ market
opens on Tuesday, August 17, 2021. A webcast and conference call
will be held on August 17, 2021, at 08:30 a.m. Eastern time to
review the Company’s second quarter results, discuss recent
developments and conduct a question-and-answer session.
The live webcast and archived replay of the
conference call can be accessed via the Events and Presentations
page of REE’s Investor Relations website at
https://investors.ree.auto/. For those unable to access the webcast
or would like to ask questions, the conference call will be
accessible domestically or internationally, by dialing 877-407-9039
or 201-689-8470, respectively. Upon dialing in, please provide your
details and request to join the REE Automotive Second Quarter 2021
Earnings Conference Call.
About REE
REE is an automotive technology leader 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 – from class 1 through
class 6 - for any application and any target market. Our
revolutionary, award-winning REEcorner technology packs traditional
vehicle drive components (steering, braking, suspension, powertrain
and control) into the arch of the wheel, allowing for the
industry's flattest EV platform. Unrestricted by legacy thinking,
REE is a truly horizontal player, with technology applicable to the
widest range of target markets and applications. Fully scalable and
completely modular, REE offers multiple customer benefits including
complete vehicle design freedom, more space and volume with the
smallest footprint, lower TCO, faster development times, ADAS
compatibility, reduced maintenance and global safety standard
compliance. Headquartered in Tel Aviv, Israel, with subsidiaries in
the USA, the UK and Germany. REE has a unique CapEx-light
manufacturing model that leverages its Tier 1 partners’ existing
production lines. REE’s technology, together with their unique
value proposition and commitment to excellence, positions REE to
break new ground in e-Mobility. For more information visit
https://www.ree.auto.
Contacts
Investor
Relations Limor
GruberVP Investor Relations, REE
Automotive+972-50-5239233investors@ree.auto
MediaKeren ShemeshChief
Marketing Officer, REE Automotive+972-54-5814333media@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,” “plans,” “projects,” “believes,” “views,” “estimates”,
“future”, “allows”, “aims”, “strives” “endeavours” 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 as well as
protect itself and defend against actual or potential claims; REE’s
ability to retain engineers and other highly qualified employees to
further its goals and insulate itself from and defend against any
potential or asserted employee claims or legal action; 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.
REE Automotive (NASDAQ:REE)
Historical Stock Chart
From Mar 2024 to Apr 2024
REE Automotive (NASDAQ:REE)
Historical Stock Chart
From Apr 2023 to Apr 2024