Lucid Group (LCID) announced its intention to offer, subject to market and other conditions, $1B aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
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Read More on LCID:
- Lucid Group produced 2,212 vehicles, delivered 3,109 vehicles during Q1
- Lucid Group files to sell $1B of convertible senior notes due 2030
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