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27 Jul
14:46

Lucid adds space in Arizona, formally goes public

Electric vehicle producer Lucid plans to add 2.7 million square feet of manufacturing space at its Arizona production facility, in tandem with its listing as a public company on the Nasdaq.  Lucid announced in February that it would be performing a reverse merger to go public under the ticker LCID. It formally joined the Nasdaq on 26 July.  The merger filled the company’s coffers to the tune of $4.4 billion, Kallanish notes.  “We are o…
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