Rivian Stock’s $1.32 Billion Raise Came With a $3.4 Billion Repricing
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Rivian has raised $1.32 billion in a stock offering that was accompanied by a $3.4 billion repricing. The company's shares have remained above the offer price, with the market balancing the effects of dilution and the influx of cash. The stock's performance is being watched in the context of the company's vehicle deliveries and production momentum.
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