Lucid Motors to go public after merger agreement with Churchill Capital

Lucid Motors and special purpose acquisition company (SPAC) Churchill Capital have announced that they have come to terms with a definitive merger agreement. Lucid will officially go public after rumors have circulated recently, and the two companies will combine at a transition equity value of $11.75 billion, the companies announced in a statement earlier today. … Continue reading Lucid Motors to go public after merger agreement with Churchill Capital