Post-IPO public communications

[LoneStar]

... would be nice. What gives?
Someone needs to inform them the silence period is over and they need to start talking publicly...

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[Scooter8511]

I don't know much about IPOs, but I've seen statements similar to the following a lot:

"With an IPO, the quiet period stretches from when a company files registration paperwork with U.S. regulators through the 40 days after the stock starts trading."
- first google search result for "IPO quiet period".

I'm not sure the silence period is over.

 

[Monkey]

Yep, silent period is most likely not over. And given that we're up against end of year and holidays, I'm really not expecting to hear anything meaningful until mid/late January when they issue a quarterly report or statement for end of year or 4th qtr '21.

 

[Sgt Beavis]

We'll get more info when they have their first quarterly report.

 

[LoneStar]

how convenient the IPO timing with a 40-day post period of continued silence... takes them pretty much through end of 2021 and breezes right past all the year-end commitments made without having to say a peep publicly. Not a conspiracy but makes for the perfect excuse

 

[rraj2k81]

With the RIVN stock coming back to earth, I would suspect some sort of announcement on it's way, to stir up the excitement again, s-OO-n

 

[manitou202]

I have an early Rivian R1S (Launch Edition) reservation and an early Lucid Grand Touring reservation. I've heard nothing from Rivian, and honestly I don't have a lot of confidence I'll get my R1S in the next 6 months.

Monday, my Lucid Delivery Advisor spoke with me for an hour to finalize my build, setup delivery location, and discussion payment. My Lucid is now locked and will be headed into production in the next 2 months. There are also numerous people on the Lucid forum who have already taken delivery, and several more who are having cars delivered over the next few weeks.

3 months ago I told my wife that I was pretty confident we would end up with the R1S before the Lucid, and now it's quite the opposite. I'm getting concerned about the complete lack of communication from Rivian. The IPO isn't an excuse to stop talking to their customers.

 

[SeaGeo]

With the RIVN stock coming back to earth, I would suspect some sort of announcement on it's way, to stir up the excitement again, s-OO-n

They can't announce anything new basically.

 

[Craigins]

They can't announce anything new basically.

Another kitchen story then!

 

[yizzung]

More bad news for you: pretty sure that the end of the IPO quiet period will overlap with the new quiet period that kicks in prior to their first scheduled earnings announcement. The joys of being a public company.

 

[bowhunter]

They aren't prohibited from providing a status update on the already disclosed target 1,000 R1T deliveries by EOY and agree with manitou202 that the quiet period doesn't prevent them from customer communications about their "in production" product and pre-orders. That being said I do think LE holders will be given delivery timeframes by the end of the month though whether it will reflect a delay in when all LE deliveries are completed is anybody's guess. Earlier this month, my "vehicleID" value changed (this is different than order number and appears to be assigned once a configuration is "soft locked") so I am thinking they did a recalculation of production/delivery order and are validating it before sending the notifications.

 

[Diddy123]

They aren't prohibited from providing a status update on the already disclosed target 1,000 R1T deliveries by EOY and agree with manitou202 that the quiet period doesn't prevent them from customer communications about their "in production" product and pre-orders. That being said I do think LE holders will be given delivery timeframes by the end of the month though whether it will reflect a delay in when all LE deliveries are completed is anybody's guess. Earlier this month, my "vehicleID" value changed (this is different than order number and appears to be assigned once a configuration is "soft locked") so I am thinking they did a recalculation of production/delivery order and are validating it before sending the notifications.

Spot on. Quiet periods do not prevent companies from communicating with their customers, especially about their orders. It's just an excuse.

I just ordered some Allbirds. They IPO'd about a week before Rivian. I've received multiple updates about my order. I talked to customer service about my expected shipping date. They let me know exactly when I can expect my order, and whether or not it will be here in time for my trip. I assure you they made no reference to not communicating with me due to their IPO.

Rivian can, and should, be doing the same for their customers. Quite period is not a valid reason to stop talking to your pre-order holders.

 

[twinprice]

Since Rivian's Quiet period expiration is on 12/20, maybe it will be like an early Christmas present with all of the information we will hear!

I am allowed to dream.

 

[DaveA]

With the RIVN stock coming back to earth, I would suspect some sort of announcement on it's way, to stir up the excitement again, s-OO-n

Oh, thought the excitement would have been stirred by that one fast charger on Rivian's campus? Be still my heart....

 

[rraj2k81]

They can't announce anything new basically.

Yeah I don't think Rivian is going to make any meaningful announcement any time soon, but I would expect another slew of reviews and or another round of customer delivery social media posts.

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