paariv
Well-Known Member
- Thread starter
- #1
Far be it from me to defend Rivian's frustrating and opaque comms strategy.
But I wonder if the silence from them is due at least in part to their IPO filing, which prohibits public statements touting their business until post-IPO. If they've filed, they're in the so-called quiet period and are pretty constrained to stick to what's in their registration statements. So - though it would be out of character to start communicating more - it's not the time for big announcements about delivery timing and readiness.
But I'm not an IPO lawyer so I don't know what types of disclosures, particularly to customers who are waiting for products they've ordered, might be appropriate within the quiet period. I'd expect Rivian to err on the side of caution on this as the IPO has to be top priority for everyone there right now.
But I wonder if the silence from them is due at least in part to their IPO filing, which prohibits public statements touting their business until post-IPO. If they've filed, they're in the so-called quiet period and are pretty constrained to stick to what's in their registration statements. So - though it would be out of character to start communicating more - it's not the time for big announcements about delivery timing and readiness.
But I'm not an IPO lawyer so I don't know what types of disclosures, particularly to customers who are waiting for products they've ordered, might be appropriate within the quiet period. I'd expect Rivian to err on the side of caution on this as the IPO has to be top priority for everyone there right now.
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