CCIV News and Press, Lucid Group Inc Com From 03/16/21

SPAC Churchill Capital IV (CCIV) rose 8.5% after climbing 7.2% yesterday ahead of appearance tonight from Lucid Motors CEO on Jim Cramer's "Mad Money" show on CNBC.Yesterday, Electric stuff from Volkswagen sends EV stocks higher.Yesterday, Michael Klein aims to raise $1.2B for new S...

The electric vehicle sector is higher after Volkswagen ([[VLKAF]] +6.0%) highlighted an even deeper commitment to electrification during its Battery Day event today. Canoo ([[GOEV]] +7.6%), Lordstown Motors ([[RIDE]] +6.2%), QuantumScape ([[QS]] +7.3%), XL Fleet ([[XL]] +4.8%), Churchill Capi...

Weeks after cutting a controversial deal to by electric-vehicle maker Lucid Motors, serial SPAC financier Michael Klein is launching an initial public offering to raise up to $1.15B for AltC Acquisition Corp. (ALCCU), his eighth special purpose acquisition company.Klein is teaming up with Sam...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Most valuable startupDigital payments giant Stripe (STRIP) is raising $600M in new funding at a $95B valuation, making it the most valuable startup in the ...

One of the hottest growth areas on Wall Street, special-purpose acquisition companies, is becoming a target for short sellers, WSJ reports. In fact, the dollar value of bearish bets against shares of SPACs has more than tripled to about $2.7B from $724M at the start of the year, according to ...

Lucid Motors is one of the hottest electric vehicle (EV) start-ups that is coming to the public markets this year, recently announcing that it will be merging with Churchill Capital IV (NYSE: CCIV) , a special-purpose acquisition company (SPAC). Electric pickup truck and SUV mak...

Tesla's rapid ascent has helped usher in a new class of electric vehicle companies. These have raised record amounts of capital over the past 12 months through mergers with blank check companies as they prepare to start production of their flagships. The market for EVs is still in...

Sentiment is picking up in SPAC land. Deal rumors are now met with some reluctant enthusiasm. Initial review of the company involved indicates an interesting target. The widely loved SpaceX (and with that NASA) uses its products. Looks like an asset-light and scalable busi...

It's been a hectic few weeks for Churchill Capital IV (NYSE: CCIV) , which confirmed last month that it would be merging with Lucid Motors to take the nascent electric vehicle (EV) maker public. After speculative fervor drove the stock to nearly $65, shares came crashing down ...

Electric vehicle startup Lucid Motors (LUCIDM) has an undisclosed commitment to build an assembly plant in Saudi Arabia, according to The Wall Street Journal.The report indicates that the "potentially costly promise" was made as part of the company accepting more than $1B in financing from th...