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REE Automotive gets court approval for restructuring

The Court's approval was subject to amendments concerning employee payments, time frames and calculation of employee entitlements.

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Form Type
6-K

Rhea-AI Filing Summary

REE Automotive Ltd. reported that the Tel Aviv-Jaffa District Court issued a judgment on October 28, 2026, approving its proposed creditors’ Arrangement, subject to amendments, supplements and clarifications. The Court authorized a creditor meeting on October 20, and creditors met on October 25, to consider the Arrangement in connection with the company’s proposed debt restructuring under the Israeli Insolvency and Economic Rehabilitation Law, 5778-2018.

Under an October 19, 2026 commitment letter, Kukac LLC and Elljay Limited agreed, subject to conditions, to invest an aggregate of $4 million, with separate commitments of $2 million each. The investment is intended to provide working capital; the Arrangement is intended to facilitate continued operations as a private company on a going-concern basis, subject to the applicable investment agreements and Arrangement.

Aggregate equity investment commitment $4 million Under the commitment letter, subject to conditions
Kukac LLC commitment $2 million Separate commitment under the commitment letter
Elljay Limited commitment $2 million Separate commitment under the commitment letter
equity commitment letter financial
"entered into an equity commitment letter"
A written promise from an investor or group to provide a specified amount of capital for a deal, such as an acquisition or a new financing round. It matters to investors because it shows how likely a transaction is to close and how much fresh money will be available, similar to a down-payment commitment when buying a house: the stronger the promise, the less risk that the deal will fall apart or that existing shareholders will face unexpected dilution.
creditors’ arrangement financial
"proposed creditors’ arrangement"
going concern basis financial
"on a going concern basis"
An accounting assumption that a company will continue operating for the foreseeable future and will be able to meet its obligations, so assets and liabilities are recorded on that basis rather than at forced-sale or liquidation values. This matters to investors because it affects how items are measured and reported on the financial statements and can influence valuations and risk assessments; if the assumption is doubtful, auditors and companies disclose that uncertainty.
Israeli Insolvency and Economic Rehabilitation Law, 5778-2018 regulatory
"under the Israeli Insolvency and Economic Rehabilitation Law, 5778-2018"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much equity funding is committed to REEAF?

Kukac LLC and Elljay Limited agreed to invest an aggregate of $4 million, with separate commitments of $2 million each. The commitments are subject to conditions in the commitment letter and the applicable investment agreements and Arrangement.

What changes were included in the court-approved REEAF Arrangement?

The Court approved the Arrangement subject to amendments, supplements and clarifications, including changes relating to employee payments, time frames and calculation of employee entitlements, as well as other amendments and supplements previously accepted by the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2026

 

Commission File Number: 001-40649

 

REE AUTOMOTIVE LTD.

(Translation of registrant’s name into English)

 

Kibbutz Glil-Yam

4690500, Israel

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒            Form 40-F ☐

 

 

 

CONTENTS

 

As previously reported, on October 19, 2026, REE Automotive Ltd. (the “Company”) entered into an equity commitment letter (the “Commitment Letter”) with Kukac LLC (“Kukac”) and Elljay Limited (“Elljay,” and together with Kukac, the “Investors”), in connection with the Company’s proposed debt restructuring under the Israeli Insolvency and Economic Rehabilitation Law, 5778-2018 (the “Restructuring”). Pursuant to the Commitment Letter, the Investors agreed, subject to certain conditions, to make an equity investment of an aggregate of $4 million in the Company, consisting of separate commitments of $2 million from each Investor, in order to provide working capital to support the Company’s continued operations.

 

On October 19, 2026, the Company filed a motion with the Tel Aviv-Jaffa District Court (the “Court”), in Case No. 6493-07-26, seeking authorization to convene meetings of its creditors to consider and vote upon the proposed creditors’ arrangement (the “Arrangement”), together with related procedural relief. On October 20, 2026, the Court granted authorization to convene the requested creditors’ meeting and such meeting was held on October 25, 2026.

 

On October 28, 2026, the Court issued a judgment (the “Judgment”) approving the Arrangement, following the creditors’ meetings held on October 25, 2026. The Court approved the Arrangement, subject to certain amendments, supplements, and clarifications, including those relating to payments to employees, time frames and the calculation of their entitlements, as well as other amendments and supplements previously accepted by the Company, and subject to certain clarifications set out in the Judgment. The Arrangement is intended to facilitate the Company’s continued operations as a private company, on a going concern basis and is supported by an aggregate investment commitment of $4 million from the Investors, subject to the terms and conditions of the applicable investment agreements and the Arrangement.

 

Forward-Looking Statements

 

This Form 6-K contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Such forward-looking statements, in some cases, may be identified by words like “anticipate,” “assume,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “preliminary,” “project,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this Form 6-K are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. In light of these risks and uncertainties, investors should further keep in mind that any filing, event or development discussed in any forward-looking statement made in this communication may not occur. Such forward-looking statements include statements regarding the proposed Restructuring, the anticipated investment, the Company’s ability to continue operating as a going concern, anticipated collections and distributions to creditors, the proposed capital reorganization, and the satisfaction of conditions to closing. These statements involve risks and uncertainties, including the risk that the proposed Restructuring will not receive the required approvals or be completed within the applicable timeframes, that the Investors will not fund their commitments, that anticipated collections will not be realized, or that the Company will be unable to continue its operations. Actual results may differ materially from those expressed or implied by such statements. All forward-looking statements are based on information available to the Company as of the date of this Form 6-K. Except as required by law, the Company undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future developments or otherwise.

 

This Report of Foreign Private Issuer on Form 6-K is incorporated by reference into the Company’s registration statements on Form S-8 (File Nos. 333-261130, 333-272145, 333-278319, 333-282346, 333-287381, 333-293676) and its registration statement on Form F-3 (File No. 333-276757), and shall be a part thereof, to the extent not superseded by documents or reports subsequently filed or furnished.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  REE AUTOMOTIVE LTD.
     
Date: November 6, 2026 By: /s/ Daniel Barel
  Name:  Daniel Barel
  Title: Chief Executive Officer

 

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