Lucid Motors inventory is within the remaining phases of going public with the luxurious electric-vehicle startup poised to turn into one of many greatest new EV shares.
Shareholders will vote Thursday on whether or not to approve the merger of clean verify firm Churchill Capital Corp IV (CCIV) and Lucid Motors (LCID).
Lucid Motors inventory would debut Friday, buying and selling underneath the image LCID on the New York Inventory Change.
The startup ought to obtain about $4.4 billion in money from the transaction, after bills. Saudi Arabia’s Public Funding Fund has plowed $1 billion into Lucid. When Lucid