I've never participated in an IPO so please forgive my ignorance regarding the following questions:
We know Rivian has been valuated at $80 Billion, so let's say 50% of the company will be put up in the IPO stock offering...
If everything goes perfect and according to plan and the stock sells for the initial ask price.. does Rivian actually get a $40 Billion infusion?
WTF will they do with $40 Billion dollars?
We know Rivian has been valuated at $80 Billion, so let's say 50% of the company will be put up in the IPO stock offering...
If everything goes perfect and according to plan and the stock sells for the initial ask price.. does Rivian actually get a $40 Billion infusion?
WTF will they do with $40 Billion dollars?