Lucid Group, Inc.

Lucid Group, Inc. (Nasdaq: LCID) is a luxury electric vehicle manufacturer that went public through a SPAC merger with Churchill Capital Corp IV, a blank-check company sponsored by Churchill Capital Group, the firm led by financier Michael Klein. Churchill Capital Corp IV completed its initial public offering in 2020, targeting the technology and automotive sectors. The merger with Lucid Motors was announced in February 2021 and closed in July 2021, after which the combined company began trading under the LCID ticker on Nasdaq. This 10-Q, filed June 1, 2021, covers the quarter immediately preceding the transaction's close. For comprehensive filing history, SPAC analytics, and transaction data on Lucid Group and hundreds of other deals, sign up for full access at SpacDesk.