• Rivian entered an underwriting agreement for a follow-on sale of 75,000,000 Class A shares at USD 15.5 each.
• Underwriters exercised a 30-day option in full for 11,250,000 additional Class A shares.
• Net proceeds estimated at about USD 1.32 billion, including the option shares.
• Proceeds earmarked for general corporate purposes, including equity contributions tied to a DOE-backed multi-draw term loan facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rivian Automotive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-081988), on July 09, 2026, and is solely responsible for the information contained therein.