In: Sports Outdoors

Electrical-vehicle maker Rivian Automotive Inc. is about to change into a public firm, hoping to carve a distinct segment for itself providing EVs for the nice outdoor.

Rivian
RIVN,

filed for a confidential IPO in August and publicly submitted the paperwork with safety regulators final week. The corporate is looking for to promote $100 million price of shares, though that’s typically a placeholder used to calculate charges.

Amazon.com Inc.
AMZN,
+0.98%
and Ford Motor Co.
F,
-0.42%
are amongst Rivian’s backers. The EV maker has raised $10.5 billion since 2019 after a number of funding rounds, with the most recent

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In: Basketball & Games

Kobe Bryant’s 1-of-2 Air Jordans are going live for IPO shares today on his birthday, Aug. 23.

The late legendary basketball player’s French Blue Air Jordan 12 Retro sneakers, currently valued at $89,000, are being auctioned for IPO by Collectable. The platform creates affordable stock shares in sports memorabilia, making them more accessible for fans to invest in. Bryant’s unique sneakers, one of two pairs ever worn by him, will become available for fans to purchase $10 shares, starting at 2:30 p.m. ET.

More from Footwear News

Bryant’s Jordans are an iconic merge of two of the greatest basketball players

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