Lucid Group Files 8-K on Financial Condition

Ticker: LCID · Form: 8-K · Filed: 2024-02-21T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, results-of-operations, 8-K

TL;DR

**Lucid Group just dropped an 8-K on their financials, so keep an eye out for details on their performance!**

AI Summary

Lucid Group, Inc. filed an 8-K on February 21, 2024, reporting on its results of operations and financial condition. The filing indicates that the company, headquartered at 7373 Gateway Boulevard, Newark, CA, is providing current financial information. This report is filed under the Securities Exchange Act of 1934, with a Commission File Number of 001-39408.

Why It Matters

This filing provides investors with updated information on Lucid Group's financial performance, which can influence stock valuation and future investment decisions.

Risk Assessment

Risk Level: medium — This 8-K is a standard disclosure of financial condition and operations, not indicating immediate high or low risk without further context of the actual financial results.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Lucid Group, Inc.?

The 8-K filing by Lucid Group, Inc. on February 21, 2024, is to report on its results of operations and financial condition, as well as financial statements and exhibits.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on February 21, 2024.

What is the Commission File Number for Lucid Group, Inc.?

Lucid Group, Inc.'s Commission File Number is 001-39408.

Where are Lucid Group, Inc.'s principal executive offices located?

Lucid Group, Inc.'s principal executive offices are located at 7373 Gateway Boulevard, Newark, CA 94560.

Under which act is this current report filed?

This current report is filed pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934.

From the Filing

0001628280-24-005904.txt : 20240221 0001628280-24-005904.hdr.sgml : 20240221 20240221160721 ACCESSION NUMBER: 0001628280-24-005904 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240221 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240221 DATE AS OF CHANGE: 20240221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lucid Group, Inc. CENTRAL INDEX KEY: 0001811210 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 850891392 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39408 FILM NUMBER: 24659433 BUSINESS ADDRESS: STREET 1: 7373 GATEWAY BLVD. CITY: NEWARK STATE: CA ZIP: 94560 BUSINESS PHONE: (510) 648-3553 MAIL ADDRESS: STREET 1: 7373 GATEWAY BLVD. CITY: NEWARK STATE: CA ZIP: 94560 FORMER COMPANY: FORMER CONFORMED NAME: Churchill Capital Corp IV DATE OF NAME CHANGE: 20200714 FORMER COMPANY: FORMER CONFORMED NAME: Annetta Acquisition Corp DATE OF NAME CHANGE: 20200504 8-K 1 lcid-20240221.htm 8-K lcid-20240221 FALSE 0001811210 7373 Gateway Boulevard Newark CA 0001811210 2024-02-21 2024-02-21 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (date of earliest event reported): February 21, 2024 Lucid Group, Inc. (Exact name of registrant as specified in its charter) Delaware 001-39408 85-0891392 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification No.) 7373 Gateway Boulevard Newark , CA 94560 (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)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.0001 par value per share LCID 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 ☐ 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 2.02 - Results of Operations and Financial Condition On February 21, 2024 , Lucid Group, Inc. (“Lucid”) issued a press release announcing its results for the fourth quarter and full year ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. Lucid uses its ir.lucidmotors.com website as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. The inf

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