-

10X Capital Leadership Purchases Additional Shares In REE Automotive

REE (Nasdaq: REE) SPAC sponsor completes open market purchases

NEW YORK--(BUSINESS WIRE)--10X Capital today announced that Hans Thomas, CEO, and David Weisburd, COO, each made filings with the SEC reporting the purchase of additional shares in REE Automotive (NASDAQ: REE) common stock totaling approximately $2 million, through open market purchases made in September 2021.

Mr. Thomas reported the purchase of: 161,037 shares at an average price of $5.81 on September 1, 2021; and 60,963 shares at an average price of $5.66 on September 2, 2021; for a total of 222,000 shares.

Mr. Weisburd reported the purchase of 123,908 shares at an average price of $5.97 on September 1, 2021.

The SEC filings are available on EDGAR, and linked below:

Hans Thomas:

https://www.sec.gov/Archives/edgar/data/1828707/000121390021046457/xslF345X03/ownership.xml

David Weisburd:

https://www.sec.gov/Archives/edgar/data/1828663/000121390021046466/xslF345X03/ownership.xml

About 10X CAPITAL

10X Capital is a venture capital and investment firm at the nexus of Wall Street and Silicon Valley, aligning institutional capital with high growth ventures. For more information visit www.10xcapital.com.

10X Capital Venture Acquisition Corp (formerly Nasdaq: VCVC), is 10X Capital’s Special Purpose Acquisition Company, focused on high growth technology companies, and was formed for the purpose of entering into a business combination with one or more businesses. For more information visit www.10xspac.com.

Contacts

Max Staedtler
10X Capital
One World Trade Center, 85th Floor
New York, NY 10007
(212) 257-0069
max@10xcapital.com

10X Capital Venture Acquisition Corp

NASDAQ:REE

Release Versions

Contacts

Max Staedtler
10X Capital
One World Trade Center, 85th Floor
New York, NY 10007
(212) 257-0069
max@10xcapital.com

More News From 10X Capital Venture Acquisition Corp

REE Automotive Will Open its U.S. Headquarters and First Integration Center in Austin, Texas, as it Prepares for Production in 2023

TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. [NASDAQ: “REE”], a leader in e-Mobility, today announced that it will open its U.S. headquarters in Austin, Texas to address the growing U.S. market demand for mission-specific EVs from delivery and logistics companies, Mobility-as-a-Service and new technology players. In addition, Austin will be the location of REE’s first asset-light Integration Center for the assembly and testing of its disruptive REEcorner™ technology and ultra-modular...

REE and 10X Announce Closing of Business Combination

NEW YORK & TEL-AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (“REE”), a leader in e-Mobility, today announced the completion of its merger with 10X Capital Venture Acquisition Corp (“10X”, Nasdaq: VCVC). The business combination was approved at a special meeting of 10X’s stockholders on July 21, 2021 and closed today, July 22, 2021. Following the merger, the combined company is named REE Automotive Ltd. Beginning on Friday, July 23, 2021, REE’s Class A ordinary shares and warrants will tra...

REE Automotive Announces Strategic Collaboration with JB Poindexter & Co Business Unit, EAVX, to Develop Commercial Electric Vehicles

TEL-AVIV, Israel & HOUSTON--(BUSINESS WIRE)--REE Automotive (REE), a leader in e-Mobility, which is in the process of closing its merger with 10X Capital Venture Acquisition Corp. (NASDAQ: VCVC), today announced a strategic collaboration with EAVX, a wholly owned business unit of JB Poindexter & Co (JBPCO). The JB Poindexter business enterprise includes commercial work truck bodies and accessory industry leaders Morgan Olson, Morgan Corporation, Reading, Truck Accessories Group, and Mastera...
Back to Newsroom