CCIV Shareholder Vote and Merger Anticipation Upcoming Among the key things investors in CCIV stock will be watching this week is the company's shareholder vote on the SPAC merger, which is scheduled for July 22.

Is CCIV going to merge with lucid?

Churchill Capital and Lucid Motors, an electric vehicle (EV) company, have been working on a SPAC merger for months. Now that work is finally done as the two companies have completed the merger. As a result of the merger, Churchill Capital and Lucid Motors will be renamed Lucid Group.

Will CCIV become Lcid?

CCIV is now officially LCID as the Lucid Motors transaction has closed and begins trading under its new ticker today. All 7 SPAC merger votes are at prices that make more big redemptions possible.

Is CCIV and Lcid same?

Lucid Group (NASDAQ: LCID), formerly CCIV, fell over 2% on Monday as the sector leader Tesla saw some serious headwinds hit the stock.

Does CCIV automatically change to Lcid?

Yes! There will be a merger vote. If majority vote yes (which will be the case because Churchill capital always make sure there are enough institutional investors holding shares to pass the vote), then the stock conversion is 1 for 1. So if you own 1 share of Cciv, you will own 1 share of Lcid post merger.

Will there be a POST-MERGER stock run? (CCIV to LCID)

28 related questions found

Why did the CCIV stock drop?

CCIV stock is dropping due to a market sell-off in small-cap and growth stocks, as well as bearish sentiment building ahead of the shareholder merger vote. The significant fall has pushed CCIV below its 50- and 200-day moving averages, though it now looks to be much more reasonably valued.

When did CCIV go public?

Lucid Motors will be going public through a SPAC merger with Michael Klein's Churchill Capital Corp IV (NYSE: CCIV) on July 23.

When did CCIV become lucid?

Lucid Group, the company formed after Lucid Motors' July 23 merger with Churchill Capital Corp IV (CCIV), has become a publicly listed company.

Where can I buy CCIV stock?

How to Buy (CCIV) Stock Summary: CCIV is listed on the New York Stock Exchange (NYSE), so the process for buying shares is the same as for other publicly-traded companies.

When can I exercise CCIV warrants?

The warrants will become exercisable on the later of 30 days after the completion of our initial business combination and 12 months from the closing of this offering (the “warrant exercise date”), and will expire five years after the completion of our initial business combination or earlier upon redemption or ...

Who is behind CCIV?

Churchill Capital Corp IV, the fourth blank check company founded by dealmaker and former Citi executive Michael Klein, raised $1.8 billion by offering 180 million units at $10.

Is CCIV a good buy?

CCIV stock is a good buy now

Investors who believe in Lucid's potential to speed up production and deliveries should buy shares now. The company forecasts revenue of $97 million in 2021, $2.2 billion in 2022, and $14 billion in 2025. Lucid is also set to benefit from the Biden administration's EV policies.

Can I buy Lcdx stock?

Shares of LCDX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is happening to CCIV?

CCIV weaves into Lucid Motors stock

As of July 26, CCIV stock ceased to exist. Its common stock and warrants got delisted from NYSE and the company started trading under the ticker "LCID" on Nasdaq. Rawlinson and the rest of his team at Lucid will continue to lead the post-merger company.

What happened to CCIV?

Churchill Capital and Lucid Motors, an electric vehicle (EV) company, have been working on a SPAC merger for months. Now that work is finally done as the two companies have completed the merger. As a result of the merger, Churchill Capital and Lucid Motors will be renamed Lucid Group.

Who is Churchill Capital?

Churchill Capital Corp operates as a blank check company. The Company aims to acquire one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization. Churchill Capital serves customers in the United States.

Are lucid Motors Lcdx?

Lucid Motors is based out of Newark, California, and is just 10 miles down the road from Tesla's Fremont factory, according to Google Maps. Lucid Inc. trades on the OTC market under the ticker symbol LCDX.

Will CCIV stock recover?

Could CCIV stock fall after the merger? After the merger deal closes, CCIV would automatically convert into Lucid. The stock isn't expected to fall after the merger because of the company's strong growth outlook. Lucid projects sales of $2.2 billion in 2022, $5.5 billion in 2023, and $14 billion in 2025.

Is CCIV a long term stock?

Historical index on US Stock Market : A "Should I invest in Churchill Capital Corp IV stock?" "Should I trade "CCIV" stock today?" According to our live Forecast System, Churchill Capital Corp IV stock is an awesome long-term (1-year) investment*.

Will CCIV recover?

The stocks with good fundamentals are expected to recover more. While Lucid Motors' vision and technology are strong, its stock has run up to price in most of these positives. Even after the recent plunge, it still looks expensive and it isn't expected to recover significantly anytime soon.

Is CCIV a SPAC?

The CCIV/Lucid deal is finally official and SPACs are stuck in the mud. With the CCIV/Lucid deal finally becoming official today and trading as a de-SPAC'd company beginning on Monday the 26th it feels like "Peak SPAC" is finally, and fully, behind us.

Is CCIV buying Lucid?

When Churchill Capital IV (NASDAQ:CCIV) announced a deal to acquire Lucid Motors at an $11.75 billion valuation on Feb. ... The transaction will give Lucid a massive cash injection to fund bringing its electric sedan to market.

How are warrants exercised?

The easiest way to exercise a warrant is through your broker. When a warrant is exercised, the company issues new shares, increasing the total number of shares outstanding, which has a dilutive effect. Warrants can be bought and sold on the secondary market up until expiry.

What does warrant expiring mean?

After the expiration date, the warrant has expired, and the holder can no longer use it. Under an American-style stock warrant, the holder can exercise his right to buy or sell the shares at any time before the warrant expires.

What is the exercise price of CCIV warrants?

NYSE › Churchill Capital Corp IV Warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share (NYSE:CCIV.WS)