Richards gave birth in Los Angeles Wednesday to 6-pound, 10-ounce Lola, with estranged hubby Sheen at her side, People magazine reported Thursday.
"We're thrilled to finally meet our beautiful daughter," the couple said in a statement. The couple were already parents to 15-month-old Sam.
Richards, 34, filed for divorce in March after three years of marriage, citing irreconcilable differences.
Richards is best known as a former Bond girl while Sheen stars in the CBS comedy "Two and Half Men."
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