Radnor, Pennsylvania, June 2, 2021 / PRNewswire / –Kessler Topaz Meltzer & Check, LLP law firm on behalf of investors in Churchill Capital Corp IV (NYSE: CCIV) (“CCIV”) for securities fraud class action purchases or acquisitions Reminds me that it was raised. CCIV Securities Between January 11, 2021 And February 22, 2021, Comprehensive (“class period”).
CCIV is a blank check company, also known as a special purpose acquisition company. Atieva, Inc., d / b / a Lucid Motors (“Lucid”) is an American automobile company specializing in electric vehicles. As of 2020, Lucid’s first car, the Lucid Air, is under development.
Start date of class period January 11, 2021, Bloomberg News reports that Lucid is “negotiating for an initial public offering through a merger with one of the companies.” Michael Klein’s It’s a special-purpose acquisition company, according to people familiar with the matter. ” Michael Klein Start CCIV with April 2020 Raised $ 2,070,000,000 At the initial public offering of CCIV. There were rumors that Lucid would merge with CCIV.on February 16, 2021, Lucid CEO, Peter RawlinsonAppeared in Fox Business News Neil Kavt Lucid advertised that it aims to deliver its first vehicle in the spring.
on Monday, February 22, 2021, The long-awaited merger agreement between CCIV and Lucid has been announced. The trading stock value of CCIV and Lucid is $ 11.75 billionHowever, 6:22 pm That same night Ed Radrow Bloomberg News reported…