CCIV - Churchill Capital Corp IV: Wait For A Deal
- The company has been rumored to be taking Lucid Motors public for some time, but there have been few material changes to this narrative over the past month.
- The upside of investing in Churchill at this point seems likely to be capped at around 20%, with downside growing as shares continue to rise.
- Without any details of the merger deal to be announced until its completion, the risk of dilution, and even a lower-than-anticipated value, favor higher risk than reward.
- I currently plan to purchase shares in Churchill upon the release of a final decision regarding Lucid Motors.
For further details see:
Churchill Capital Corp IV: Wait For A Deal