As of July 23, 2021, Churchill Capital Corp IV was acquired by Lucid Motors USA, Inc., in a reverse merger transaction. Churchill Capital Corp IV does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in New York, New York.
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It was a lie no merger any time soon guys, Bloomberg lied in January and the S-4 just filed with the SEC from $CCIV clearly states that. Be careful guys this will see sub 15 again by Friday if not Monday