Can someone please advise what happens with Lucid. Are they incorporated into Churchill trust or are they a separate entity with their own shares?
They merge together, Lucid gets the funds they have raised. Then the current CCIV ticker will change to LCID when it completes, currently expected to be in Q2 2021.
Have a look at their Investor Deck on
Thanks very much for this. Impressive
Newbie SPAC question here. So now that they have announced the deal and merger, can this still fall apart or is it pretty much set in stone now?