Rivian raises $10.5B in one of the hottest IPOs of 2021

Rivian raises $10.5B in one of the hottest IPOs of 2021

3 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/09/rivian-raises-10-5b-in-one-of-the-hottest-ipos-of-2021/

Electric automaker Rivian has priced its initial public offering at $78 a share, pushing it far above its targeted share price as investors dove in the year’s most highly anticipated IPO.

The regulatory filing has yet to be posted and is expected this evening, according to sources familiar. The WSJ was the first to report the IPO pricing, citing unnamed sources.