{"id":79815,"date":"2021-11-02T00:44:57","date_gmt":"2021-11-02T04:44:57","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79815"},"modified":"2021-11-02T00:15:34","modified_gmt":"2021-11-02T04:15:34","slug":"amazon-backed-ev-start-up-rivian-plans-to-price-shares-up-to-62-putting-valuation-near-55-billion","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/11\/2021\/amazon-backed-ev-start-up-rivian-plans-to-price-shares-up-to-62-putting-valuation-near-55-billion.html","title":{"rendered":"Amazon-backed EV start-up Rivian plans to price shares up to $62, putting valuation near $55 billion"},"content":{"rendered":"\n<p>(CNBC) Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial public offering, according to its <a rel=\"noreferrer noopener\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1874178\/000119312521315537\/d157488ds1a.htm\" target=\"_blank\">amended prospectus filed Monday<\/a>. The company said it plans to offer 135 million shares priced between $57 and $62, with an option for underwriters to purchase up to 20.25 million additional shares.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/11\/01\/rivian-aims-for-60-billion-valuation-in-upcoming-ipo.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Electric vehicle start-up Rivian Automotive is targeting a market valuation of as much as $54.6 billion in its upcoming initial public offering, according to its amended prospectus filed Monday. The company said it plans to offer 135 million shares [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79815","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79815"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79815\/revisions"}],"predecessor-version":[{"id":79816,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79815\/revisions\/79816"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}