Lucid Group, Inc.

Churchill Capital Corp IV (CCIV), sponsored by Churchill Capital — the investment vehicle led by banker Michael Klein — completed its initial public offering on the New York Stock Exchange in 2020, targeting the electric vehicle and sustainable transportation sector. The blank-check company announced a definitive business combination agreement with Lucid Motors in February 2021, and the merger was consummated in late July 2021, with this 8-K filing dated July 26, 2021 reporting on the closing of that transaction. Upon completion, the combined company became Lucid Group, Inc. and began trading on the Nasdaq under the ticker LCID, marking one of the most prominent SPAC-to-EV listings of that cycle. Visit SpacDesk and sign up for full data, filings history, and deal analytics on CCIV and thousands of other SPAC transactions.