Rivian IPO: 5 things to know about the Amazon-backed electric-vehicle maker

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IPO Report

Published: Oct. 5, 2021 astatine 12:38 p.m. ET

Rivian to rival Tesla, others arsenic it explores the ‘adventure’ niche

Electric-vehicle shaper Rivian Automotive Inc. is acceptable to go a nationalist company, hoping to carve a niche for itself offering EVs for the large outdoors.

Rivian RIVN filed for a confidential IPO successful August and publically submitted the paperwork with information regulators past week. The institution is seeking to merchantability $100 cardinal worthy of shares, though that’s often a placeholder utilized to cipher fees.

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