CCIV - Churchill Capital IV gains on receiving stockholders approval for merger with Lucid
Churchill Capital Corp IV (CCIV) stockholders' voted to approve the business combination with Lucid Motors (LUCIDM). Approximately 98% of votes cast voted for the proposal to approve the business combination. Closing of the business combination to occur today. Post merger, the company will be renamed Lucid Group on Nasdaq under the ticker symbols "LCID" and "LCIDW", beginning on July 26, 2021.The merger deal was announced in February at $11.75B valuation.CCIV shares up 5.5% premarket.
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Churchill Capital IV gains on receiving stockholders approval for merger with Lucid