Rivian announces pricing of upsized initial public offering

Rivian Automotive, Inc., the electric vehicle startup backed by Amazon and Ford, announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share. In addition, Rivian has granted the underwriters a 30-day option to purchase up to an additional 22,950,000 shares of Class […]