The company, which last month disclosed nearly $1 billion in losses for the first half of this year, said it will sell 135 million shares at a price range of between $72 and $74 each.
Morgan Stanley, Goldman Sachs and JPMorgan are the lead underwriters. Rivian will list on the Nasdaq under the symbol “RIVN”.
STARTUP ROCKSTARS IN 2021
Sign-in to see our list of the most promising startups of 2021