Ayar Third Investment Co. Amends Lucid Group Stake Filing

TL;DR

Ayar Third Investment Co. updated its 13D filing for Lucid Group, Inc. on 8/20/24. Details on ownership change TBD.

AI Summary

Ayar Third Investment Co. filed an amendment (No. 5) to its Schedule 13D on August 20, 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 were not detailed in this excerpt. The filing is an update to previous disclosures concerning Ayar Third Investment Co.'s stake in Lucid Group.

Why It Matters

This amendment signals a potential shift in a significant investor's position in Lucid Group, which could influence market perception and stock price.

Risk Assessment

Risk Level: medium — Changes in major shareholder filings can indicate strategic shifts or new information impacting the company's valuation.

Key Players & Entities

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

FAQ

From the Filing

0001104659-24-091292.txt : 20240820 0001104659-24-091292.hdr.sgml : 20240820 20240820163046 ACCESSION NUMBER: 0001104659-24-091292 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240820 DATE AS OF CHANGE: 20240820 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: 241225628 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 tm2421733d1_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. 5) 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 1,822,511,290 (see Item 5 below) 9 SOLE DISPOSITIVE POWER 1,830,552,683 (see Item 5 below) 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,830,552,683 (see Item 5 below) 12 CHECK BOX IF THE