Automaker Lucid Group, Inc. (LCID), Monday announced an investment by its majority stockholder, Ayar Third Investment Company, an affiliate of the Public Investment Fund or PIF, to purchase newly created series of convertible preferred stock worth $1 billion.
Automaker Lucid Group, Inc. (LCID), Monday announced an investment by its majority stockholder, Ayar Third Investment Company, an affiliate of the Public Investment Fund or PIF, to purchase newly created series of convertible preferred stock worth $1 billion.
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