Summary by Futu AI
Rivian Automotive, Inc. has filed a Registration Statement on Form S-8 with the Securities and Exchange Commission on February 26, 2024. The filing is intended to register an additional 48,386,895 shares of Class A common stock under the Rivian Automotive, Inc. 2021 Incentive Award Plan, and 9,677,379 shares under the Rivian Automotive, Inc. 2021 Employee Stock Purchase Plan. These shares are in addition to those already registered under the same employee benefit plans for which a Registration Statement on Form S-8 is currently effective. The company, headquartered in Irvine, California, and led by CEO Robert J. Scaringe, is a large accelerated filer as defined by the SEC. The filing includes references to the company's Amended and Restated Certificate of Incorporation and Bylaws, opinions and consents from legal and accounting firms, and a filing fee table.