secwatch.observer — SEC 8-K summary
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Issuer:     Rivian Automotive, Inc. / DE (RIVN)
CIK:        0001874178
Form:       8-K
Filed at:   2026-05-04T23:59:59+00:00
Accession:  0001874178-26-000039
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rivian receives $300M from SMB, issues 19.55M shares at $15.34
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- On May 4, 2026, Rivian issued 19,553,911 Class A shares to SMB for $300M at $15.3422 per share.
- Issuance followed achievement of Milestone #1 under March 18, 2026 Subscription Agreement with SMB and Uber.
- Shares sold in private placement exempt from registration under Section 4(a)(2) of the Securities Act.
- Proceeds strengthen Rivian's balance sheet; no public offering or registration statement involved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1874178/000187417826000039/0001874178-26-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1874178/000187417826000039/rivn-20260504.htm
  HTML page:      https://secwatch.observer/filing/0001874178-26-000039

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