Lucid Group Files Form S-3 Shelf Registration Statement

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Lucid Group (LCID) Files Massive Shelf Offering, Stock Slips Lower

August 29, 2022 7:14 PM UTC

(Updated - August 29, 2022 7:17 PM EDT)

Shares of Lucid Group (NASDAQ: LCID) are slipping lower in Monday's after-hours session, after the company filed a massive S-3 mixed shelf registration statement.

The struggling luxury electric vehicle manufacturer registered to offer up to $8,000,000,000 of common and preferred stock, depositary shares, debt securities, warrants, purchase... More