AOL

Lucid Motors confirms SPAC deal: CCIV stock down 25%

Lucid Motors and blank check company Churchill Capital IV (CCIV) confirmed a merger deal to take the California-based EV company public. Shares of Churchill Capital were down around 25% at 10:45 a.m.
AOL

Churchill Capital IV Is Still Expensive Despite the Recent Dip in Its Price

Churchill Capital IV (NYSE:CCIV) has been one of the best performing special purpose acquisition companies (SPACs) in recent memory. CCIV stock has gained over 85% in the past six months, due to the ...
Law

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can’t Sue Over Pre-Merger Misstatements

"At the time of [Lucid's] alleged misrepresentations, CCIV and Lucid were two entirely separate companies," the U.S. Court of Appeals for the Ninth Circuit held. "Lucid’s alleged misrepresentations ...
Business Insider

The Next Lucid Motors/CCIV? 7 Things to Know About GGPI’s Polestar SPAC Merger Talks

Investors in Gores Guggenheim (NASDAQ:GGPI) certainly have had some interesting news to interpret as of late. Talks between GGPI and Polestar have made for intriguing SPAC (special purpose acquisition ...
Business Wire

Kessler Topaz Meltzer & Checker, LLP: Final Deadline Reminder for Churchill Capital Corp IV Investors – CCIV

RADNOR, Pa.--(BUSINESS WIRE)--The law firm of Kessler Topaz Meltzer & Check, LLP reminds Churchill Capital Corp IV (NYSE: CCIV) (“CCIV”) investors of lead plaintiff deadline in securities fraud class ...
Law

Siding With Second Circuit, Appeals Court Finds SPAC Investors Can't Sue Over Pre-Merger Misstatements

The U.S. Court of Appeals for the Ninth Circuit has become the second federal appeals court to hold that investors can't sue over alleged misstatements that an acquired company makes leading up to a ...