Lucid Group Files 8-K on Security Holder Rights and Bylaws

TL;DR

Lucid filed an 8-K on 8/29, watch for changes to shareholder rights & bylaws.

AI Summary

Lucid Group, Inc. filed an 8-K on August 29, 2025, reporting material modifications to security holder rights and amendments to its articles of incorporation or bylaws. The filing also includes other events and financial statements/exhibits, with the company's principal executive offices located at 7373 Gateway Boulevard, Newark, CA 94560.

Why It Matters

This filing indicates potential changes affecting Lucid's shareholders and corporate governance, requiring investor attention to understand the implications.

Risk Assessment

Risk Level: medium — Filings related to modifications of security holder rights and amendments to bylaws can signal significant corporate changes that may impact stock value.

Key Numbers

• 12/31 — Fiscal Year End (Indicates the end of the company's financial reporting year.)

Key Players & Entities

• Lucid Group, Inc. (company) — Registrant
• August 29, 2025 (date) — Date of earliest event reported
• 7373 Gateway Boulevard, Newark, CA 94560 (location) — Principal Executive Offices
• Delaware (jurisdiction) — State of incorporation
• 001-39408 (filing_id) — Commission File Number

FAQ

Key Financial Figures

• $0.0001 — hich registered Class A Common Stock, $0.0001 par value per share LCID The Nasdaq Sto

Filing Documents

• lcid-20250829.htm (8-K) — 33KB
• q3fy25form8-kxex31.htm (EX-3.1) — 12KB
• 0001811210-25-000022.txt ( ) — 166KB
• lcid-20250829.xsd (EX-101.SCH) — 2KB
• lcid-20250829_lab.xml (EX-101.LAB) — 22KB
• lcid-20250829_pre.xml (EX-101.PRE) — 13KB
• lcid-20250829_htm.xml (XML) — 3KB

03 Material Modification to Rights of Security Holders

Item 3.03 Material Modification to Rights of Security Holders. The information contained in Item 5.03 below is incorporated by reference into this Item 3.03.

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On August 29, 2025, Lucid Group, Inc. (" Lucid " or the " Company ") filed an amendment (the " Amendment ") to its Third Amended and Restated Certificate of Incorporation (the " Charter ") with the Secretary of State of the State of Delaware to effect a reverse stock split (the " Reverse Stock Split ") at a ratio of one-for-ten (1:10) (the " Exchange Ratio ") of the Company's common stock, par value $0.0001 (the " Common Stock "), and a corresponding reduction of the Company's authorized shares of Common Stock (the " Authorized Share Reduction "). The Amendment became effective at 5:00 p.m. Eastern Time on August 29, 2025 (the " Effective Time "). As previously disclosed, at its special meeting of stockholders held on August 18, 2025 (the " Special Meeting "), the Company's stockholders approved a proposal to authorize the Company's Board of Directors (the " Board ") to amend the Charter to effect the Reverse Stock Split and Authorized Share Reduction. On August 19, 2025, the Board approved the Reverse Stock Split and Authorized Share Reduction. The Common Stock is expected to commence trading on a reverse split-adjusted basis at market open on September 2, 2025 under the existing trading symbol "LCID." The new CUSIP number for the Common Stock following the Reverse Stock Split is 549498 202. The Reverse Stock Split will affect all stockholders uniformly and will not alter any stockholder's percentage ownership interest or proportionate voting power in the Company's equity, except for de minimis changes as a result of the elimination of fractional shares. No fractional shares will be issued in connection with the Reverse Stock Split. Stockholders who would otherwise be entitled to a fractional share of Common Stock are instead entitled to a cash payment equal to their respective pro rata portion of the total net proceeds from the sale of all aggregated fractional shares promptly a

01 Other Events

Item 8.01 Other Events. The information contained in Item 5.03 above is incorporated by reference into this Item 8.01. The Company has registration statements on Form S-3 (File Nos. 333-267147, 333-271722, 333-275372, and 333-282677) and registration statements on Form S-8 (File Nos. 333-259794, 333-265734, 333-271725, 333-279973, and 333-287846) (collectively, the " Registration Statements ") on file with the Securities and Exchange Commission (the " SEC "). SEC regulations permit the Company to incorporate by reference future filings made with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, as amended, prior to the termination of the offerings covered by registration statements filed on Form S-3 and/or Form S-8. The information incorporated by reference is considered part of the prospectus included within each of those registration statements. Information in this Item 8.01 is intended to be automatically incorporated by reference into each of the active Registration Statements, thereby amending them. Pursuant to Rule 416(b) under the Securities Act of 1933, as amended, the amounts of undistributed shares of Common Stock deemed covered by the Registration Statements are proportionately reduced as of the Effective Time at the Exchange Ratio to give effect to the Reverse Stock Split.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Certificate of Amendment to the Third Amended and Restated Certificate of Incorporation, dated August 29, 2025 104 Cover Page Interactive Data File (embedded within the inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 2, 2025 LUCID GROUP, INC. By: /s/ Taoufiq Boussaid Taoufiq Boussaid Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR