Rivian raises $1.32B through 86.25M share offering at $15.50/share

Filed July 9, 2026 · Period ending July 7, 2026 · ~1 min read

Key Changes

• high

  Issued 86.25M shares of Class A common stock at $15.50/share (75M base plus 11.25M over-allotment exercised in full), representing significant dilution to existing shareholders.

  Item 8.01 verify on EDGAR →
• high

  Net proceeds of approximately $1.32B after underwriting fees and expenses strengthen balance sheet and provide operational funding.

  Item 8.01 verify on EDGAR →
• high

  Proceeds earmarked for general corporate purposes and required equity contributions under DOE loan agreement with Federal Financing Bank multi-draw term facility.

  Item 8.01 verify on EDGAR →