Lucid Group, Inc.

Churchill Capital Corp IV, trading under the ticker CCIV, was a special purpose acquisition company sponsored by Churchill Capital Company, the vehicle associated with financier Michael Klein. The SPAC completed its initial public offering in 2020, targeting the electric vehicle and clean energy sector. In February 2021, CCIV announced a definitive merger agreement with Lucid Motors, a luxury electric vehicle manufacturer, and the 10-Q filed June 1, 2021 reflects the company's financial position during the pendency of that transaction. The business combination closed in July 2021, transitioning the entity to Lucid Group. Sign up at SpacDesk for full data on CCIV and thousands of other SPAC filings.