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CCIV Stock and the Coveted Lucid Motors SPAC Merger There are two takeaways from Brown that investors should keep in mind today. The first is that accusations of frothiness are perhaps not unfair.
These announcements have done little to buoy CCIV stock in advance of the merger vote, with CCIV stock losing 12% of its value last week alone. That said, this week could be a big one for investors.
That author suggests the merger is also wrapping up, and puts a $12 billion price on the combined entity. And just like the Bloomberg report, it sent CCIV stock soaring early last week.
CCIV's investors have started to question whether the $40 billion market cap post-merger, which is expected to occur some time in the second quarter, is sustainable for the EV startup.
Lucid joins SEC’s growing watch list following its CCIV SPAC merger According to a report by Reuters, Lucid Group Inc. received a request on December 3 from the SEC, for documents pertaining to ...
Lucid shareholders approve SPAC merger to enter Nasdaq In a press release from CCIV this morning, both sides of the pending SPAC merger announced an approved close of the business combination.
Lucid’s current CEO, Peter Rawlinson, was Tesla’s chief engineer in 2011 and led the design of its Model S, noted Forbes. Reuters broke the news that a merger between Lucid Motors and CCIV is ...
These announcements have done little to buoy CCIV stock in advance of the merger vote, with CCIV stock losing 12% of its value last week alone.That said, this week could be a big one for investors.
After a 38% plunge, Lucid's CCIV merger values the revenue-free company at $57 billion. If Lucid hits its 2026 revenue target of $23.8 billion, that could be a bargain.
Right now, the price action surrounding CCIV stock — it’s more than doubled in two weeks — strongly implies that the market thinks the Lucid Motors merger is a done deal. It’s not.