https://wccftech.com/lucid-motors-and-the-spac-churchill-capital-corp-iv-cciv-managed-to-finalize-a-merger-agreement-in-record-time-in-light-of-newly-revealed-information/

Lucid Motors, a high-flying EV company that is targeting the luxury segment, was the subject of an intense speculation frenzy earlier this year amid persistent rumors regarding its merger with the SPAC Churchill Capital Corp. IV (NYSE:CCIV). Now, however, newly revealed information has upended the general understanding as to how these merger negotiations progressed.

To wit, Churchill Capital filed a Form S-4 with the US SEC yesterday. Daniel Johnson, however, picked up a crucial passage regarding Churchill’s merger negotiations with Lucid Motors: