08
Nov
16:12
Rivian ups IPO valuation target
Amazon-backed US electric vehicle start-up Rivian has beefed up its initial offering plans, Kallanish learns from a filing with the US Securities and Exchange Commission.
Rivian had originally targeted a sale of 135 million shares at $57-62/share, which would ultimately result in a market valuation of almost $60 billion if all options related to the offering and additional related shares are exercised.
The new figure would put the company closer to $6…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
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