Electrek

Lucid subpoenaed by SEC concerning SPAC merger with CCIV

Regulators from the US Securities Exchange Commission (SEC) have requested documents from Lucid Group Inc. relating to the investigation of its SPAC merger with Churchill Capital Corp. IV (CCIV) ...
Business Insider

CCIV Stock: 5 Reasons Churchill Shares Are Climbing Ahead of a Lucid Motors Merger

Ahead of the highly anticipated merger with Lucid Motors, investors in Churchill Capital (NYSE:CCIV) and CCIV stock have started to see some positive momentum. Indeed, CCIV stock closed higher by ...
AOL

Is Merger with Lucid Motors a Clear Win for CCIV?

Investors in up-and-coming EV plays have likely already considered Churchill Capital (CCIV), the company that’s set to take Lucid Motors public this year. This SPAC merger is one of the most ...
Law

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can’t Sue Over Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid’s alleged misrepresentations ...
Law

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can't Sue Over Pre-Merger Misstatements

The U.S. Court of Appeals for the Ninth Circuit has become the second federal appeals court to hold that investors can't sue over alleged misstatements that an acquired company makes leading up to a ...