Ayar Third Investment Co. Amends Lucid Group Stake

TL;DR

Ayar Third Investment Co. updated its Lucid Group stake filing. Watch for more details.

AI Summary

Ayar Third Investment Co. filed an amendment (No. 4) to its Schedule 13D on April 2, 2024, regarding its holdings in Lucid Group, Inc. The filing indicates a change in the reporting person's beneficial ownership, though specific new dollar amounts or percentage changes are not detailed in this excerpt. Ayar Third Investment Co. is associated with The Public Investment Fund.

Why It Matters

This filing signals a potential shift in significant ownership for Lucid Group, Inc., which could influence stock price and strategic decisions.

Risk Assessment

Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in major investor sentiment or strategy, impacting the stock.

Key Players & Entities

• Ayar Third Investment Co. (company) — Reporting Person
• Lucid Group, Inc. (company) — Subject Company
• The Public Investment Fund (company) — Affiliated Entity
• TURQI A. ALNOWAISER (person) — Group Member
• YASIR ALSALMAN (person) — Group Member
• Matthew Everitt (person) — General Counsel

FAQ

From the Filing

0001104659-24-042565.txt : 20240402 0001104659-24-042565.hdr.sgml : 20240402 20240402164548 ACCESSION NUMBER: 0001104659-24-042565 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240402 DATE AS OF CHANGE: 20240402 GROUP MEMBERS: PUBLIC INVESTMENT FUND GROUP MEMBERS: TURQI A. ALNOWAISER GROUP MEMBERS: YASIR ALSALMAN SUBJECT COMPANY: 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: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-92164 FILM NUMBER: 24815077 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Ayar Third Investment Co CENTRAL INDEX KEY: 0001874832 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: T0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: C/O THE PUBLIC INVESTMENT FUND STREET 2: P.O. BOX 6847 CITY: RIYADH STATE: T0 ZIP: 11452 BUSINESS PHONE: 966 53 131 1097 MAIL ADDRESS: STREET 1: C/O THE PUBLIC INVESTMENT FUND STREET 2: P.O. BOX 6847 CITY: RIYADH STATE: T0 ZIP: 11452 SC 13D/A 1 tm2410270d2_sc13da.htm SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 4) LUCID GROUP, INC. (Name of Issuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securities) 549498 103 (CUSIP Number) Matthew Everitt, General Counsel c/o Lucid Group, Inc. 7373 Gateway Boulevard Newark, CA 94560 Telephone: (510) 648-3553 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 29, 2024 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because off §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ¨ Note : Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent. * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1 NAME OF REPORTING PERSONS The Public Investment Fund 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) x (b) ¨ 3 SEC USE ONLY 4 SOURCE OF FUNDS WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) ¨ 6 CITIZENSHIP OR PLACE OF ORGANIZATION Kingdom of Saudi Arabia NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 8,041,393 8 SHARED VOTING POWER 1,644,807,548 (see Item 5 below) 9 SOLE DISPOSITIVE POWER 1,652,848,941 (see Item 5 below) 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,652,848,941 (see Item 5 below) 12 CHECK BOX IF THE