Rivian receives $1B VW investment at $19.42, Q2 deliveries 10,661, reaffirms FY guidance

Rivian Automotive, Inc. / DE

Issued 51.5M shares to Volkswagen Group for $1B at $19.42 (33% premium to $14.56 VWAP).
Q2 production 5,979 vehicles; deliveries 10,661 vehicles, in line with outlook.
Reaffirmed FY 2025 delivery guidance of 40,000-46,000 vehicles.
Q2 2025 financial results to be released August 5, 2025 after market close.

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