secwatch.observer — SEC 8-K summary
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Issuer:     Rivian Automotive, Inc. / DE (RIVN)
CIK:        0001874178
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001104659-26-052895
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rivian amends DOE loan, increasing total commitment to ~$4.0B plus capitalized interest of ~$494M
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- Note A Loan: up to $3.355B principal plus $315.4M capitalized interest, 15-year term maturing March 2045.
- Note B Loan: up to $650.9M principal plus $178.3M capitalized interest, 10-year term maturing June 2041.
- Proceeds used for first phase of 300,000 units/year EV production facility in Stanton Springs North, Georgia.
- Conditions precedent include maintaining positive gross margin and achieving certain vehicle sales metrics before first advance.
- Equity contributions required from Rivian for project costs overruns up to a specified cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874178/000110465926052895/0001104659-26-052895-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874178/000110465926052895/tm2613102d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-052895

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