Gearhead News

February 23, 2021
Lucid to go public via biggest SPAC deal to date

A string of electric-vehicle startups have all gone public in the past year via a so-called “reverse merger” with a special purpose acquisition company (SPAC) whose shares are already listed, and the latest to join the party is Lucid. Lucid agreed on Monday to a merger with Churchill Capital Corp IV, whose shares trade on the New York… [#item_URL]