Rivian Early Sale of Stock to Pre-Order Buyers

ElSegundo

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Very enthusiastic about Rivian early on, and not impressed with Tesla in many areas, I put a deposit on RS1 in early summer. I was please to receive the offer of participating in the stock purchase at IPO. I responded to Morgan Stanley, filled out all forms, arrange the banking transfer, and gave Morgan Stanley all of our personal information. On the afternoon of the purchase window, the Morgan Stanley said we would receive the purchase notice at 2:00pm PST. Finally, at midnight, it was clear that it was postponed. I looked at 6:00am the next morning and the sale had opened and closed in the middle of the night, 2:30-am-4:00am. I called and wrote to everyone at Rivian and Morgan Stanley. Each blamed the other. I eventually got a note signed RJ explaining the company was now public owned, so this wasn't his problem.

It is worth pointing out that every person living on the east coast, close to Morgan Stanley headquarters, had ample time to invest. Big picture, probably best to learn about Rivian before dropping serious money on their proposed 'vehicles'.
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Diddy123

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It is worth pointing out that every person living on the east coast, close to Morgan Stanley headquarters, had ample time to invest. Big picture, probably best to learn about Rivian before dropping serious money on their proposed 'vehicles'.
Literally everyone had the exact same amount of time to confirm their order once The pricing was finalized. It made no difference which coast you were on.

Was it delayed by a couple hours? Yes. But the window opened well before midnight, despite what you claim, and you had the exact same opportunity as every other preorder holder had. Sorry you missed it.

Welcome to the forum and Happy Thanksgiving!
 
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Ladiver

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Nice first (and probably last) post. 😂
 

Zoidz

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Finally, at midnight, it was clear that it was postponed. I looked at 6:00am the next morning and the sale had opened and closed in the middle of the night, 2:30-am-4:00am.
People started receiving the email around 9:00 PM Eastern time. I received mine at 9:35 PM Eastern Time. That's 6:35 PM Pacific time.
 
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ElSegundo

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Regarding when I was notified that the sale window was opened, I include a screen capture at 2:35am, with the note that it would be closed by 4:00am PST. Not much more to day, these documents are tracked with time codes.....

Screen Shot 2021-11-25 at 9.40.16 AM.png
 

Diddy123

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Regarding when I was notified that the sale window was opened, I include a screen capture at 2:35am, with the note that it would be closed by 4:00am PST. Not much more to day, these documents are tracked with time codes.....

Screen Shot 2021-11-25 at 9.40.16 AM.png
In that case, you should file your grievance with your email provider. You received the email 8 hours after it was sent.
 
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