Ready, Set, Rivian: Electric automaker set to launch $60+ billion IPO
Irvine, California — Electric automaker Rivian is set to launch its initial public offering in the second week of November, with a proposed valuation of just over US$60 billion, according to a report from the Wall Street Journal. Rivian disclosed its target valuation in an updated regulatory filing Nov. 1, said the WSJ. The automaker […]
Tuesday Ticker: August 31, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Canada joins Mexico in its request for a formal United-States-Mexico-Canada-agreement (USMCA) consultation, Rivian files a confidential public offering and Driven Brands prepares for its secondary public offering. Parts parlance Canada has joined Mexico in seeking a formal consultation with the United States over USMCA content rules for […]