Lucid Motors to go public via merger with Churchill Capital Corp IV

Lucid Motors announced a definitive merger agreement with Churchill Capital Corp IV (CCIV) at a transaction equity value of $11.75 billion, providing Lucid with approximately $4.4 billion in cash to fund production of the Lucid Air luxury EV and expansion.

“Lucid Motors to Go Public in Merger with Churchill Capital Corp IV, Bolstering Lucid’s Vision to Redefine Luxury, Performance and Efficiency in the Sustainable Electric Vehicle Market”ir.lucidmotors.com

• 1 source
• ir.lucidmotors.comLucid Motors to Go Public in Merger with Churchill Capital Corp IV, Bolstering Lucid’s Vision to Redefine Luxury, Performance and Efficiency in the Sustainable Electric Vehicle Market | Lucid Group, Inc.Feb 22, 2021

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