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

[sub]

Please outline how they would logistically offer 45,000+ people more than the average allocation of 175 shares, and then piece together the puzzle to stay under the 7% total allotment without pissing people off, all within just a few days. I'm anxiously awaiting.

There's no other way this could be handled realistically.

They could ask everyone how many shares they want without any cap but include a notice that depending on demand you may not get your full request. Once the deadline for requests has passed, if there was more demand than shares available, lower the cap until the total does not go over. It wouldn't take more than a few minutes to calculate the cap once you have everyone's requests in a spreadsheet.

And if demand is really that much higher than the supply, they should consider raising the price.

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[GMK83]

I put in my interest for the full 175. Should we fund the account now for the approximate value or will there be sufficient time to ACH transfer at the time of sale?

 

[Cam]

I put in my interest for the full 175. Should we fund the account now for the approximate value or will there be sufficient time to ACH transfer at the time of sale?

I've always pre-funded my account for a little over the aprox amount. Keep in mind if it gets close you can always wire the money same day.

 

[harkco]

What the heck. Still not seeing anything.

 

[TXR1S]

No MS email here either.

 

[CO_R1S]

No email yet. Friend called and asked if I had read it yet…. Still nothing.

 

[Diddy123]

For everyone who hasn't yet received the email from MS, did you receive the previous email yesterday from Rivian? Did you fill out the original form of intent on the Rivian website?

Just curious. Hope you all get your email soon.

 

[sub]

I have not yet received an email from MS today. I did get the email from rivian yesterday.

I feel better seeing that I am not alone in missing the email.

 

[CO_R1S]

Yes, received the email yesterday from Rivian, pre-registered, etc.

 

[harkco]

For everyone who hasn't yet received the email from MS, did you receive the previous email yesterday from Rivian? Did you fill out the original form of intent on the Rivian website?

Just curious. Hope you all get your email soon.

Yes and yes. And coincidentally this morning I get an email from SoFi to invest in the IPO, which I mistakingly mistook for the MS email.

 

[TXR1S]

Finally got mine. Is someone typing these email addresses in one by one??

 

[harkco]

Yes and yes. And coincidentally this morning I get an email from SoFi to invest in the IPO, which I mistakingly mistook for the MS email.

Found it! In my trash! I am an idiot!

 

[sub]

Mine arrived just now. It does seem like they are manually sending these out.

 

[mwexler2]

It’s almost certainly automated and almost certainly has built-in delays. When sending 40,000+ emails, if you blast them out all at once you will almost certainly be blocked as a spammer.

 

[Acoustic71]

Just got my emai lfrom Morgan Stanley. Yay!

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