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5 hours ago

EV maker Rivian aims to raise $1.2 billion from previously announced offering

EV maker Rivian aims to raise $1.2 billion from previously announced offering

Electric-vehicle maker Rivian on Tuesday priced its previously announced offering of ‌75 million shares ⁠at $15.50 ⁠per share, aiming to raise around $1.2 billion. Rivian said it plans ​to use the proceeds to fund equity contributions as ​part of... Read more.

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