Ticker LaunchSPAC · Merger completed
Churchill Capital Corp IV
Business combination with Lucid Motors
Churchill Capital Corp IV is a blank-check company (SPAC) that raised $1.8B in its initial public offering on Jul 30, 2020, listing on New York Stock Exchange. It completed its business combination with Lucid Motors on Jul 23, 2021; the combined company is Lucid Group, Inc. (LCID). Paul, Weiss advised the SPAC and White & Case advised the underwriters on the IPO.
Lucid Motors is a Silicon Valley electric vehicle maker headquartered in Newark, California. It builds Lucid Air vehicles at its AMP-1 plant in Casa Grande, Arizona, makes battery packs and drive units in-house, and sells directly to consumers through Studios and Service Centers.
- Status
- Merger completed
- IPO date
- Jul 30, 2020
- IPO size
- $1.8B
- IPO exchange
- New York Stock Exchange
- Target
- Lucid Motors
- Announced
- Feb 23, 2021
- Closed
- Jul 23, 2021
- Combined company
- Lucid Group, Inc. (LCID)
- SPAC counsel (IPO)
- Paul, Weiss
- Underwriters' counsel (IPO)
- White & Case
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jul 30, 2020
- Deal announcement (8-K) Feb 23, 2021
- Press release
- All filings on EDGAR CIK 1811210
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