modetriada.blogg.se - Lucid cciv

Retail investors, including individual stockholders who purchased shares through app-based brokers, should call this number to ensure their vote counts.

Overseas voters can call MacKenzie Partners at (212) 929-5500.

You can vote or receive assistance by calling MacKenzie Partners, Churchill IV's proxy solicitor, toll-free, at (800) 322-2885.

Shares that are not voted will not be counted as FOR the transaction.

Churchill IV encourages ALL stockholders including individual holders to vote, regardless of the number of shares held.

Proposals related to the combination will be voted upon at the Company's special meeting of stockholders on July 22, 2021, as described in Churchill IV's proxy statement/prospectus dated June 25, 2021 (the "Proxy Statement"). He has been writing for InvestorPlace since 2019.NEW YORK, J/PRNewswire/ - Churchill Capital Corp IV ("Churchill IV" or "CCIV") (NYSE: CCIV), a publicly traded special purpose acquisition company, reminds stockholders to vote "FOR" the Company's proposed business combination with Lucid Motors ("Lucid"), which is setting new standards for sustainable mobility with its advanced luxury EVs. Ĭhris Markoch is a freelance financial copywriter who has been covering the market for seven years. The opinions expressed in this article are those of the writer, subject to the Publishing Guidelines. On the date of publication, Chris Markoch did not have (either directly or indirectly) any positions in the securities mentioned in this article. If you’ve turned in the card for Lucid Motors, I wish you well.

That being said, investors, like general managers, need to have the courage of their convictions. However, for those who want to buy CCIV stock and hold it for the long-term, the shares still seem overpriced at over $23.50 a share. They are looking for the stock to pop once LCID stock begins trading publicly. For many players, it can take several years for their true potential to be revealed.īut time is something that isn’t a luxury for those currently holding the bag on CCIV stock.

In relation to draft picks, the phrase, “only time will tell” comes to mind. That’s akin to the moment that the owners of CCIV stock face now that the merger is nearly complete. When a player is drafted, the phrase, “the card is in” is employed. It’s Time to Turn in the Card on CCIV Stock However, in a market in which availability will be critical, I think that Rawlinson should have lead with that information. Lucid may nonetheless start manufacturing its cars on schedule this year. In this case, as Makris noted, Rawlinson didn’t confirm when the company would start producing its EVs. Comments like that fall under the, “what did you expect” category? Many times, when it comes to presentations like Rawlinson’s, it’s what the CEO doesn’t say that’s more significant. Continuing the draft analogy, every team says it had picked the guy that it wanted. It seems like investors love that kind of talk. In this case, he didn’t specifically call out Tesla (NASDAQ: TSLA ), but he didn’t need to. With the dizzying amount of EV companies to choose from, however, at this point your guess is as good as mine.Īt Lucid’s Investor Day presentation, Lucid Motors CEO Peter Rawlinson remarked that his company deserved its premium valuation because its technology is superior. I’m not suggesting that Lucid Motors won’t deliver the goods on time. At a certain point, a team will move on from that player and instead utilize someone who is healthy. This is said in reference to highly talented players who, for whatever reason, can’t seem to avoid injuries. There’s a saying in sports that there are times when the best ability is availability. And for Lucid Motors, the next car that it delivers will be its first.

By targeting the “luxury” EV space, Lucid will likely have less competition than some of its peers.īut keep in mind that, for now, it’s all just guesswork.

Lucid says that its batteries have longer ranges and charge more quickly.

Lucid is claiming to have superior battery technology compared to Tesla.

A$5 trillion global automotive market leaves plenty of room for disruptive companies.Here are bullet points, paraphrased from Makris’ column, that summarize the bullish sentiment around Lucid Motors:

And, like NFL draft picks, Lucid Motors has plenty of potential. O f course, the problem with the NFL draft is that some “can’t miss” picks perform very badly.