LCID Lucid

Filed: 8 Sep 21, 8:18am













Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): September 8, 2021




Lucid Group, Inc.

(Exact name of registrant as specified in its charter)




(State or other
jurisdiction of
(Commission File
(I.R.S. Employer
Identification No.)
7373 Gateway Blvd
Newark, CA

(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (510) 648-3553
(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Title of each class Trading
 Name of each exchange on which registered
Class A Common Stock, $0.0001 par value per share LCID The Nasdaq Stock Market LLC
Warrants, each exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share LCIDW The Nasdaq Stock Market LLC


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company x


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨






Item 8.01.Other Events.


On September 8, 2021, Lucid Group, Inc. (the “Company”) issued a press release announcing the redemption of all of its outstanding public warrants to purchase shares of its common stock that were issued under the Warrant Agreement, dated July 29, 2020, by and between the Company and Continental Stock Transfer & Trust Company (subsequently replaced by Equiniti Trust Company), as warrant agent, as part of the units sold in the Company’s initial public offering. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.


A copy of the Notice of Redemption delivered by the Company is filed as Exhibit 99.2 hereto and is incorporated herein by reference.


Neither this Current Report on Form 8-K, the press release attached hereto as Exhibit 99.1 nor the Notice of Redemption attached hereto as Exhibit 99.2 constitutes an offer to sell or the solicitation of an offer to buy any of the Company’s securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.


Item 9.01.Financial Statements and Exhibits.


(d)       Exhibits.


Exhibit Number Description
99.1 Press Release, dated September 8, 2021
99.2 Notice of Redemption, dated September 8, 2021 
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)







Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.


Dated: September 8, 2021

 By:/s/ Sherry House
  Name: Sherry House
Title:   Chief Financial Officer