$RIVN Around the whole "only 8M shares" from Ford. RIVN has a total of 883M Shares Ford (S1) has roughly 96M shares which means they own 10.8% of RIVN (approx). As an owner of >10% they are subject to all kinds of reporting regulations vs, getting to disclose in the quarter end. Guess what the number they need to sell to get them under the 10% threshold is? That's right about 8M shares. Now, Ford could just sell 8M and call it a day. But, it is important to know that the bare minimum they need is 8M and then can sell the rest of their shares under different reporting rules.
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