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Rivian Bets $9.5 Million on Round Rock Service Center as R2 Launch Looms
Rivian

Rivian Files To Sell 75 Million Shares Into Its R2 Rally, The Dilution We Called In February

Rivian filed to sell 75 million new Class A shares after Monday’s market close, a deal worth roughly $1.5 billion at the day’s $20.14 closing price. The company says the proceeds will fund general corporate purposes, including the equity contribution requirements tied to its Department of Energy (DOE) loan for the Georgia factory. The timing…

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