World NM: Rivian Is Ready to Make Its IPO: the Target Would Be $80 Billion001517

Rivian should start delivering its cars in September, but there were rumors that it would sell shares before it handled any vehicle to its customers. According to an official press release, that will not be the case by only a few weeks. In it, Rivian said that it had to inform that it “confidentially submitted a draft registration statement” to SEC (Securities and Exchange Commission) to achieve a “proposed public offering of its common stock.&rd… (continue reading…)
Go to Source