Venture Capital

Churchill Capital IV soars 33% after report says the SPAC is nearing a deal to take EV maker Lucid Motors public

Lucid Air.
Churchill Capital Corp IV soared as much as 33% on Tuesday after a report from Reuters suggested the company is close to a deal to take electrive vehicle maker Lucid Motors public at a valuation of around $12 billion.
The Michael Klein-backed SPAC is reportedly in talks with investors to …

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