According to Bloomberg, Lucid Motors Inc. is approaching an agreement with Churchill Capital Corp IV and the transaction is to be announced on Tuesday (February 23). Although negotiations are underway, it is said that the joint venture will value $ 15 billion.
Damn, the manipulation knife on a Friday in order to scoop up cheaper shares before Merger Monday, it all makes sense now. Good thing we’re all in alignment and seeing this first hand to be educated more. $CCIV
— Chris Randone (@ChrisRandone) February 20, 2021
This is crucial news; we will update the story as we get new information.
$CCIV - According to Bloomberg, the #SPAC merger with @LucidMotors could be announced as early as Tuesday... next week should be fun! #LucidClub #EVs https://t.co/RjTqyFNGOy pic.twitter.com/CJGF3St8En
— THE SPAC SHACK (@TheSpacShack) February 20, 2021