- July 24, 2021
- Posted by: Stratford Team
- Category: Business
— Lucid’s common stock will begin trading on Nasdaq on July 26, 2021 under the ticker symbol “LCID”
— The transaction includes approximately $4.4 billion in growth capital as Lucid brings the groundbreaking Lucid Air luxury electric sedan to market and expands
— Peter Rawlinson will continue to lead Lucid as CEO and CTO
NEWARK, Calif. and NEW YORK, July 23, 2021 /PRNewswire/ — Churchill Capital Corp IV (“Churchill IV” or “CCIV”) (NYSE: CCIV), a publicly traded special purpose acquisition company, and Lucid Motors today announced the completion of their business combination, taking public a company that is setting new standards with its advanced luxury EVs.
(PRNewsfoto/Lucid Motors)
Churchill IV, whose shares of common stock, warrants and units are currently listed on the New York Stock Exchange (the “NYSE”), will delist from the NYSE. Shares of common stock and warrants of the post-combination company, renamed Lucid Group, Inc. (“Lucid”), will be listed…
