DSP (Directed Share Program) to purchase Rivian IPO shares - now live via web portal

[UT Rivian]

The 175 share limit keeps the investment max around $10,000.

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[eggpaul]

Still don't have the new email.

 

[Diddy123]

175 max is LAME. I get cutting us all down if we all want 1000 shares but I’d guess 50% of reservation holders want more than 100 shares.

I mean, they could’ve told us to all pound sand and we would have had to buy on the open market.

I think offering this at all is very generous, and I’m thankful for it.

 

[Bborden]

You’ll receive ACH/wire instructions about an hour after completing the application

 

[buddha2lotus]

Still don't have the new email.

same here

 

[Rousie13]

Are you able to buy more than you marked for your intent or does that pretty much lock you in for that max amount?

 

[Bobthebuilder352]

I mean, they could’ve told us to all pound sand and we would have had to buy on the open market.

I think offering this at all is very generous, and I’m thankful for it.

Generous would be they also give us the same 15% rebate/discount they are giving the underwriters for their shares. But they aren’t.

Any share they sell to “us” nets them more money than them selling via Goldman/DB/JP. You get that, right?

 

[Bborden]

Are you able to buy more than you marked for your intent or does that pretty much lock you in for that max amount?

Nope. “Calculator” locks at 175

 

[Rousie13]

Nope. “Calculator” locks at 175

I meant if someone said 100, but they then decide they want 150. Are they locked at max 100 that they stated or doesn’t it really matter what you marked as your intent as long as it’s less than the max allowed?

 

[Diddy123]

Generous would be they also give us the same 15% rebate/discount they are giving the underwriters for their shares. But they aren’t.

Any share they sell to “us” nets them more money than them selling via Goldman/DB/JP. You get that, right?

LOL. Yes, I'm familiar with how IPOs work. My statement and position on the matter remain unchanged.

 

[Bborden]

I meant if someone said 100, but they then decide they want 150. Are they locked at max 100 that they stated or doesn’t it really matter what you marked as your intent as long as it’s less than the max allowed?

Ahh, yes. Just confirmed you can update your #s as long as it’s 175 or lower

 

[Bobthebuilder352]

LOL. Yes, I'm familiar with how IPOs work. My statement and position on the matter remain unchanged.

Haha. If you were then you wouldn’t proclaim 175 shares at IPO list to be “generous”

 

[eggpaul]

same here

I'm on the west coast, you? Maybe it's a time zone thing.

 

[Diddy123]

Haha. If you were then you wouldn’t proclaim 175 shares at IPO list to be “generous”

Yep. You're much smarter than me. I am humbled.

Sorry you had to stoop down to my level of incompetence. I'll try and do better next time.

 

[Blur1t]

I reached out to Rivian thru the chat in the app. I was told that they are in a "silent" period. I checked all of my emails and have not received any correspondence from them. Are people saying that they have been able to purchase shares?

Not yet, if you sign into your account you should see an option to sign up or Pre register to receive the Info. It was a small window for Pre holders I think it’s past the deadline now. You’ll have to they’re public now I believe.

I’m hoping all of that information will be provided in the Morgan Stanley communication so I know how much to open the account with.

Would be nice to get at least 200 shares but don’t want to put that much in a new account if the potential number is much less than that.

looks like the # of shares might be limited to 175 or about $10000 according to the Morgan Stanley application.

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