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Rivian founder and CEO RJ scared, transferred part of the property share and voting power within a new settled divorce process for an adjustment quoted.
Skaringe has 6 million because of about 4 million shares and past six-million-in-year-mausing, meagan intimidation, as part of the settlement, part of the documents. At the current stock price of Riva, those shares and options may be worth $ 130 million, although it is sold, there are various holiday prices that affect the overall turns if it is sold. The change in the exchange property shows the court documents at the end of the two-year divorce process.
Skaringe, a shareholder and about 8 million class b sharing when the company offers an annual Proxy sheet 29 April. As a result of the transfer, Scaringe’s voting power was 7.6% earlier this year, the lowest in Riva 2021 IPOs.
According to the company, the stock holder’s turn, the company does not affect Riva’s work or operations.
In a formal statement sent to TechCrunch, a spokesman ended the divorces of RJ and Meagan. They will continue to prioritize parental priority their children. “
The settlement comes in the main time for Rivian. While Rivian improves the performance of the flagship vehicles, R1S SUV and R1T truck reduced production costs to reduce production costs. However, the company is banking in addition to its support – a very expected R2 SUV with a $ 45,000 base price go on sale. This vehicle will not go on sale until the first half of 2026.
Rivian’s property structure has changed since IPO in 2021. At that time, Amazon and Ford were among the biggest stakeholders. Today, Ford is essentially abroad and the Volkswagen group occurred as a great player.
In late 2024, Rivian entered a The joint venture is worth $ 5.8 billion The program and power architecture with Volkswagen are directed. The Rivian joint venture presented the technology and employees to the joint venture, and Volkswagen contributed a large amount of shares and convertible debt.
As a result, the German car giant now owns 12.3% of Rivian, According to a recent submission. This is slightly behind the Amazon, which is 14.2% of Riva in April 2025. Amazon is enough to give the most voting power of any shareholder: 13.3%. (Ford and T. Rowe also had great shareholders after IPO, but they sold their shares since then.)
According to the Proxy document, the property share of the Rivian Rivian’s ownership was 2%, 2% from the divorce settlement. However, he pays 7.6% of the voting capacity, thanking Since 10 votes on one share. .
Unlike many high-profile technological founders, fearful never had a large number of voting power. In 2022, he was the most used by 9.2%.
The zinc, which includes the settlement B, has become a grid, the meaning of the terrible wife, the former spouse, will not have much voting power than other shareholders. His lawyer did not respond to a survey for the comment sent on the weekend.
CEO and founder still controls a mixture of 50 million shares, choices and limited exchanges or RSUs. As completely vests, property rights and voting ability can be returned.
Skaringe was established in 2009 and married in 2014. He took the Rivian community in 2021.
Notes from Orange County, it shows that he has applied for divorce in October 2023, with his former wife, together with his former wife in another month.
