SPAC Churchill Capital IV (NYSE:CCIV), which is in a deal to take Lucid Motors public, rose 4.9% on speculation of potential partnership to make EV cars with Apple (NASDAQ:AAPL).
CCIV Stock: The Lucid Motors SPAC News That Sent Shares Stumbling Today
Churchill Capital Corp. IV (NYSE:CCIV) closed Tuesday down 8% after a new Securities and Exchange Commission filing shed additional light on its merger with Lucid Motors. CCIV stock is also under pressure as bearish sentiment around SPACs mounts.
Short Sellers Boost Bets Against SPACs
SPAC boom skeptics are betting against deals including Social Finance, Lucid and Lordstown Motors. Short sellers are coming for SPACs.
Lucid Motors finally confirms SPAC deal, and the stock is plunging
After weeks of spiking share prices for a blank-check company rumored to be targeting the acquisition of electric-vehicle company Lucid Motors, the two parties officially announced a deal Monday afternoon, and the stock sank sharply.
CCIV stock soars 30% on report it’s nearing deal with Lucid Motors
Electric vehicle startup Lucid Motors may be nearing a Michael Klein-run SPAC agreement to take the California based company public, according to Reuters. The potential development sent shares of blank-check company Churchill Capital IV (CCIV) up more than 30% on Tuesday afternoon.
CCIV Stock: Peter Rawlinson Sparks Hope for a Lucid Motors SPAC Merger
Bulls look likely to win the battle today with Churchill Capital IV (NYSE:CCIV), as a new interview sends CCIV stock soaring. Without confirmation of a Lucid Motors SPAC merger, what is the rally all about? And what else do you need to know now?
Michael Klein’s Churchill SPAC Eyes AT&T’s DirecTV Stake
A blank-check company backed by former Citigroup Inc. rainmaker Michael Klein is among the parties interested in buying a stake in AT&T Inc.’s DirecTV satellite-television business, according to people with knowledge of the matter.
Law firms could make hundreds of millions of dollars on the SPAC boom, as elite firms elbow in on a growing market
SPACs used to be a small segment of the market, but elite law firms have flocked to the sector in…
What is a SPAC? 6 Best SPACs to Buy
6 SPACs investors should know. Rather than dealing with the hassle of an initial public offering, an increasingly popular alternative…