MrMootastic
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$Vinco Ventures (BBIG.US)$ tyde needs to come so we can dump this crap management stock
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MrMootastic
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MrMootastic
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Rivian is going public on Wednesday, Nov.10th
join the discussion and post your thoughts!
$Rivian Automotive (RIVN.US)$ , the electric vehicle maker backed by $Amazon (AMZN.US)$ and $Ford Motor (F.US)$ , priced its IPO on Tuesday at $78 a share. The deal values Rivian at $66.5 billion.
Rivian is already worth almost as much as Ford ($79 billion) and General Motors ($85 billion). That’s all before the company has even started generating real revenue. $Lucid Group (LCID.US)$ is worth $72.5 billion even though the company just began production of its first cars. $Nikola (NKLA.US)$ ’s market cap was higher than Ford’s at one point last year before it's been accused to be a lie.
While Rivian is still effectively pre-revenue, the company said in its prospectus that it has a backlog of 55,400 pre-orders for its R1T and R1S electric vehicles. The company said it expects to fill those orders by the end of 2023. Additionally, $Amazon (AMZN.US)$ has ordered 100,000 vehicles to be delivered by Rivian by 2030, and the companies plan to have 10,000 new Rivian-Amazon delivery vehicles on the road as early as next year.
Even though Rivian and Lucid have delivered 0 vehicles to their customers. Investors are continuously trying to hop on "the next Tesla" at the early stage.
Join the Rivian IPO discussion now>>
Source:
Rivian prices IPO at $78 a share, valuing electric vehicle company at $66.5 billion
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MrMootastic
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$Vinco Ventures (BBIG.US)$
Careful Reading
Okay so I aint gonna lie, I panicked reading the filing and alongside with the FUD being spread, it got to me as well. But after sitting down and careful reading, Im still bullish and Im gonna explain why. First off: Whats the difference between an S-1 filing and Form 10?Well an S-1 filing as found on Investopedia: SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange, such as the New York Stock Exchange. Companies usually file SEC Form S-1 in anticipation of their *initial public offering (IPO).* A Form 10 Filing: SEC Form 10 is a filing with the Securities and Exchange Commission (SEC), also known as the General Form for Registration of Securities. It is used to register a *class of securities* for potential trading on U.S. exchanges. So… Whats the difference? Well firstly, an S-1 filing essentially allows for OUR shares of TYDE to be traded on the public exchange, which can be seen as good or bad, depending on financial statements and all the stuff required under the S-1 filing. A Form 10 Filing on the other hand is a registration of a class of securities. Within the current filing we received from Vinco today, it states: the Company anticipates filing the Form 10 the week of *October 25, 2021* with a Record Date of approximately 60 days post filing (on or about December 27, 2021). This means that by October 25, 2021, we get to know the details of tyde itself. The 60 day period is NORMAL under a Form 10 filing as required under the Securities Act 1933. This can also be good for the company and for shareholders and Ill explain why. What makes a Form 10 filing better than S-1 filing in this case, you ask? Well an S-1 filing allows for the shares to be traded publicly on the stock exchange whereas a Form-10, under section 5 of the Securities Act 1933, regulates the timeline and distribution process for issuers who offer securities for sale. Further, an S-1 filing can take anywhere between 10-14 weeks which would be a lot longer than a Form 10 filing.WHAT DOES THIS ALL MEAN?!? Essentially, whatever divis and ratios we get from Tyde, it cant be publicly manipulated/ traded for a duration so which means tyde can possibly go up during the time it isnt on the exchange. If TYDE ratios are as good as they say, shorters may want to go long on it, and thus, as supply and demand trends go, TYDE goes up and BBIG goes up as wellFurther, the ex-dividend is still October 22nd. The filing is still happening on Oct 25 where we should know a lot more about the ratios and whatnot. The Board and MGMT have our backs. We just need to trust them. Shorters are fucked once the Form 10 filing comes out.As always: This is not financial advice nor am I a financial advisor. You still need to do your own deep dives and due diligences. TL:DR: Read this. Its good to understand the purpose of a form 10 filing and why its preferred over an S-1 filing.
Careful Reading
Okay so I aint gonna lie, I panicked reading the filing and alongside with the FUD being spread, it got to me as well. But after sitting down and careful reading, Im still bullish and Im gonna explain why. First off: Whats the difference between an S-1 filing and Form 10?Well an S-1 filing as found on Investopedia: SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange, such as the New York Stock Exchange. Companies usually file SEC Form S-1 in anticipation of their *initial public offering (IPO).* A Form 10 Filing: SEC Form 10 is a filing with the Securities and Exchange Commission (SEC), also known as the General Form for Registration of Securities. It is used to register a *class of securities* for potential trading on U.S. exchanges. So… Whats the difference? Well firstly, an S-1 filing essentially allows for OUR shares of TYDE to be traded on the public exchange, which can be seen as good or bad, depending on financial statements and all the stuff required under the S-1 filing. A Form 10 Filing on the other hand is a registration of a class of securities. Within the current filing we received from Vinco today, it states: the Company anticipates filing the Form 10 the week of *October 25, 2021* with a Record Date of approximately 60 days post filing (on or about December 27, 2021). This means that by October 25, 2021, we get to know the details of tyde itself. The 60 day period is NORMAL under a Form 10 filing as required under the Securities Act 1933. This can also be good for the company and for shareholders and Ill explain why. What makes a Form 10 filing better than S-1 filing in this case, you ask? Well an S-1 filing allows for the shares to be traded publicly on the stock exchange whereas a Form-10, under section 5 of the Securities Act 1933, regulates the timeline and distribution process for issuers who offer securities for sale. Further, an S-1 filing can take anywhere between 10-14 weeks which would be a lot longer than a Form 10 filing.WHAT DOES THIS ALL MEAN?!? Essentially, whatever divis and ratios we get from Tyde, it cant be publicly manipulated/ traded for a duration so which means tyde can possibly go up during the time it isnt on the exchange. If TYDE ratios are as good as they say, shorters may want to go long on it, and thus, as supply and demand trends go, TYDE goes up and BBIG goes up as wellFurther, the ex-dividend is still October 22nd. The filing is still happening on Oct 25 where we should know a lot more about the ratios and whatnot. The Board and MGMT have our backs. We just need to trust them. Shorters are fucked once the Form 10 filing comes out.As always: This is not financial advice nor am I a financial advisor. You still need to do your own deep dives and due diligences. TL:DR: Read this. Its good to understand the purpose of a form 10 filing and why its preferred over an S-1 filing.
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$Vinco Ventures (BBIG.US)$ I know that the stock fall is misinterpretation of news, therefore I expect it to rebound back up. what i dont know is, has the “record date” to qualify for the TYDE spinoff changed from october 15 to a later record date because of the delayed dividend? Anyone got info on that?
$Vinco Ventures (BBIG.US)$ Not selling. Waiting for the TYDE spinoff.
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MrMootastic
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$Vinco Ventures (BBIG.US)$ Becareful of people telling you to sell and take profits, this is a very crucial timing where we can head on to a gamma squeeze, this requires everybody to hold and not sell at the sign of small little profit.
We have many upcoming good news and our utilization is at 99%, meaning what can be shorted has already been shorted, now to do your part is to buy and push the price up by buying market orders, not limit orders.
Once we pass the threshold and shorts are losing money, they will cover back which in turns pushes the price even higher, this is the only smart move for them now.
Hodl and we will all acheive what we have all came here for!
We have many upcoming good news and our utilization is at 99%, meaning what can be shorted has already been shorted, now to do your part is to buy and push the price up by buying market orders, not limit orders.
Once we pass the threshold and shorts are losing money, they will cover back which in turns pushes the price even higher, this is the only smart move for them now.
Hodl and we will all acheive what we have all came here for!
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MrMootastic
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$Vinco Ventures (BBIG.US)$ is there any hope? everyday like this, how much more can we hold?
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