Lucid Group Files Definitive Proxy Statement for 2025 Annual Meeting

Ticker: LCID · Form: DEF 14A · Filed: 2025-04-24T00:00:00.000Z

Sentiment: neutral

Topics: proxy-statement, annual-meeting, governance

TL;DR

Lucid's proxy statement is out for the June 5th meeting - vote your shares!

AI Summary

Lucid Group, Inc. filed its definitive proxy statement on April 24, 2025, for its annual meeting on June 5, 2025. The filing concerns the solicitation of proxies for the meeting, which will include the election of directors and other corporate matters. Lucid Group, Inc. is a company in the motor vehicle manufacturing sector.

Why It Matters

This filing provides shareholders with crucial information regarding the company's governance, director nominations, and proposals to be voted on at the upcoming annual meeting, impacting their ability to make informed decisions.

Risk Assessment

Risk Level: medium — Proxy statements are routine filings, but the specific proposals and director elections can carry significant implications for company strategy and shareholder value.

Key Numbers

20250605 — Annual Meeting Date (Shareholders will vote on proposals at this date.)
20250424 — Filing Date (The date the definitive proxy statement was filed with the SEC.)

Key Players & Entities

Lucid Group, Inc. (company) — Registrant
Churchill Capital Corp IV (company) — Former Company Name
Annetta Acquisition Corp (company) — Former Company Name

FAQ

What is the primary purpose of this DEF 14A filing?

The primary purpose is to solicit proxies from shareholders for the annual meeting of Lucid Group, Inc., scheduled for June 5, 2025.

Who is the filer of this proxy statement?

The filer is Lucid Group, Inc., as indicated by the 'Registrant' designation.

When was this definitive proxy statement filed?

This definitive proxy statement was filed on April 24, 2025.

What is Lucid Group, Inc.'s Standard Industrial Classification code?

Lucid Group, Inc.'s Standard Industrial Classification code is 3711, which corresponds to MOTOR VEHICLES & PASSENGER CAR BODIES.

What were Lucid Group, Inc.'s former company names?

Lucid Group, Inc. was formerly known as Churchill Capital Corp IV (name change on 20200714) and Annetta Acquisition Corp (name change on 20200504).

From the Filing

0001104659-25-038701.txt : 20250424 0001104659-25-038701.hdr.sgml : 20250424 20250424164116 ACCESSION NUMBER: 0001104659-25-038701 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 53 CONFORMED PERIOD OF REPORT: 20250605 FILED AS OF DATE: 20250424 DATE AS OF CHANGE: 20250424 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 EIN: 850891392 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-39408 FILM NUMBER: 25868225 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 DEF 14A 1 tm2431387-2_def14a.htm DEF 14A tm2431387-1_nonfiling - none - 23.4164775s TABLE OF CONTENTS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement  ☐ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))  ☒ Definitive Proxy Statement  ☐ Definitive Additional Materials  ☐ Soliciting Material under § 240.14a-12  Lucid Group, Inc.  (Name of Registrant as Specified In Its Charter)    (Name of Person(s) Filing Proxy Statement if Other Than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ No fee required.  ☐ Fee previously paid with preliminary materials.  ☐ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11  TABLE OF CONTENTS TABLE OF CONTENTS Letter to Stockholders  Turqi Alnowaiser Board Chairman  Dear Stockholders, As we gather for our annual meeting, I want to take a moment to reflect on the progress we’ve made together and provide you with an update on the Company’s vision, strategic direction, and the important steps we are taking to build a sustainable and thriving future. A Vision That Is Unchanged First and foremost, the core vision of the Company is unchanged. Lucid’s mission remains clear — to advance the state-of-the-art of EV technology for the benefit of all. While leadership transitions are a natural part of a company’s evolution as it matures, we continue to be guided by the same fundamental principles that have shaped our success — a relentless focus on innovation, cutting-edge technology, and a dedication to sustainability. Our technological vision for the future is firmly in place and we are deeply committed to creating a world where electric vehicles are not just a viable alternative but the superior choice. Commitment to Stability and Value Creation As Chairman of the Board, I want to emphasize the Board’s unwavering commitment to ensuring organizational stability and stockholder value creation. Our focus has been, and will continue to be, on maintaining a solid foundation that supports long-term growth and a path to profitability. Our commitment to you, our valued stockholders, is clear: we will maintain a focus on delivering both stability near-term and sustainable growth over the long-term. Looking Forward As Chairman of the Board, I am deeply optimistic about the future of our company. I believe we are in the early stages of a transformational growth journey, backed by a strong vision, unmatched technolog