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Reported Earlier: On June 30, 2025 Rivian Secures $1B Equity Investment From Volkswagen At An Effective Price Of $19.42, Advancing $5.8B Joint Venture Deal

Author: Benzinga Newsdesk | July 02, 2025 08:45am

Following its second quarter of gross profit in Q1 2025, on June 30 Rivian received a $1 billion equity investment from Volkswagen Group at an effective price of $19.42 which represents a 33% premium to the $14.56 30-trading day volume-weighted average stock price. The investment is part of the $5.8 billion agreement associated with the Rivian and Volkswagen Group technology joint venture.

Posted In: RIVN VLKAF VWAGY


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