CCIV - Churchill Capital IV motivates stockholders to vote in favor of business combination with Lucid Motors
Churchill Capital Corp IV (CCIVU) encourages all shareholders to vote in favor of business combination with Lucid Motors (LUCIDM), regardless of the number of shares the stockholder holds. The Churchill IV special meeting of stockholders is scheduled to take place on July 22.The merger deal was announced in February at $11.75B valuation.The transaction will give Lucid ~$4.4B of net cash, including some $2.1B from CCIV (net any redemptions) and another $2.5B from fully committed PIPE.CCIV +2.6% premarket. Shares have grown ~122% on YTD basis.
For further details see:
Churchill Capital IV motivates stockholders to vote in favor of business combination with Lucid Motors