IRVINE, Calif. -

Having already forged relationships with companies such as Lincoln in connection with manufacturing and Chase to facilitate consumer financing, Rivian is making moves to become a publicly traded company.

The electric truck maker announced on Friday that it has confidentially submitted a draft registration statement on Form S-1 to the Securities and Exchange Commission relating to the proposed public offering of its common stock.

According to a news release, the size and price range for the proposed offering have yet to be determined.

Rivian said the initial public offering is expected to take place after the SEC completes its review process, subject to market and other conditions.

“This press release is being made pursuant to, and in accordance with, Rule 135 under the Securities Act of 1933, as amended and shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities,” Rivian said in the news release.

“Any offers, solicitations or offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act,” the company added.