Rivian Automotive, Inc. Announces Pricing of Underwritten Public Offering of Common Stock
Rivian Automotive priced an underwritten public offering of 75 million shares of common stock at $15.50 per share, targeting approximately $1.2 billion in gross proceeds. The offering includes a 30-day option for underwriters to purchase an additional 11.25 million shares, with proceeds designated for general corporate purposes and equity contributions related to its DOE loan agreement. Goldman Sachs, J.P.
Key figures
- Deal Value Usd
- $1.2 billion
- Offering Price
- 15.5
- Shares Offered
- 75000000
- Greenshoe shares
- 11250000
AI analysis
Red flags1 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.