Lucid Motors and the SPAC Churchill Capital Corp. IV (CCIV) Keep Merger Hope Alive With a New Statement That Does Not Deny the Business Combination Possibility
https://wccftech.com/lucid-motors-and-the-spac-churchill-capital-corp-iv-cciv-keep-merger-hope-alive-with-a-new-statement-that-does-not-deny-the-business-combination-possibility/
Lucid Motors, the company behind the stylish Lucid Air electric vehicle, is keeping everyone in the SPAC community on their proverbial toes amid rampant speculation as to the fate of the company’s rumored merger with the Special Purpose Acquisition Company, Churchill Capital Corp. IV (NYSE:CCIV).
Now, Churchill Capital has issued a new press statement to ward of incessant queries regarding its merger with Lucid Motors. As per the SPAC, these queries emanated not only from ordinary investors but also the New York Stock Exchange, owing to the heightened trading activity in its shares. Crucially, the company noted: