In this video I talk about the CONFIRMED Lucid Motors and CCIV Merger Date, I also talk about what happens on the merger day, debunk some CCIV myths and also analyse whether CCIV is primed for a short squeeze?
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The lucid motors merger is confirmed for the 23rd July 2021, later than the originally planned 30th June, but it could be much worse. Lucid will get the substantial cash inflow from CCIV on this date and therefore will likely start production & delivery of the Lucid Air in August.
But what happens on the 23rd? do i need to sell my shares? apply for them to be changed? will i loose the shares? Whichever stock-broker you use will automatically convert your CCIV shares to LCID shares in a 1:1 ratio.
The SEC filing does mention a 1:2.6 ratio, but that solely applies to current Lucid Motors shareholdings, converting into CCIV shares and then back into LCID shares.
But what about a short squeeze? could it happen? possibly, the short interest in CCIV is primed, but a short squeeze requires a primed chart and also a catalyst for a squeeze.
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This is not an advertisement of property for sale or not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only.
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Video topics:
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#cciv #ccivstock #lucidmotors
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The lucid motors merger is confirmed for the 23rd July 2021, later than the originally planned 30th June, but it could be much worse. Lucid will get the substantial cash inflow from CCIV on this date and therefore will likely start production & delivery of the Lucid Air in August.
But what happens on the 23rd? do i need to sell my shares? apply for them to be changed? will i loose the shares? Whichever stock-broker you use will automatically convert your CCIV shares to LCID shares in a 1:1 ratio.
The SEC filing does mention a 1:2.6 ratio, but that solely applies to current Lucid Motors shareholdings, converting into CCIV shares and then back into LCID shares.
But what about a short squeeze? could it happen? possibly, the short interest in CCIV is primed, but a short squeeze requires a primed chart and also a catalyst for a squeeze.
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Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
Let me know in the comments if there is anything I can improve on moving forward.
The information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, electrical or financial advice. IF stocks or companies are mentioned, Thomas MAY have an ownership interest in them -- DO NOT make buying or selling decisions based on Thomas' videos. If you need such advice, please contact a qualified accountant, solicitor, insurance agent, contractor/electrician/engineer/etc. or financial advisor.
This is not an advertisement of property for sale or not investment advice to purchase any stock mentioned in this video or any other videos and shall not be construed as anything other than an opinion for entertainment purposes only.
Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week!
Video topics:
lucid motors, lucid motors merger, cciv merger date, lucid merger date, lucid motors merger date, cciv spac merger, lucid motors merge, cciv merge, cciv merge date, cciv stock merge date, cciv merge update, cciv merger with lucid, lucid, lucid merge date, lucid merge, lucid stock merge, lucid motors merge date, lucid motors merge news, lucid merge update, lucid motors merge update, buy lucid motors, lucid motors stock, lucid cciv merge, cciv lucid merge, lucid stock, cciv, lucid motors, cciv stock, lucid motors vs tesla, is lucid motors the new tesla, cciv vs tesla, is cciv the new tesla, cciv vs nio, lucid motors catalysts, cciv stock price, lucid motors stock price, lucid motors growth, lucid motors factory, lucid motors interview, lucid motors apple, lucid motors deliveries, lucid motors delay, cciv delay, lucid motors interview, peter rawlinson interview, cciv interview, lucid motors batteries, lucid motors future plans, lucid motors analyst day, lucid motors apple, lucid motors apple merger, cciv apple, cciv aapl, aapl, cciv merger date, lucid motors merger date, cciv merger confirmed, lucid motors merger confirmed
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#cciv #ccivstock #lucidmotors
I have no real stake in the outcome–I do have some TSLA–but not enough to matter. That being said, as of today, they are "still validating production models" so they are still working out bugs. That is fine I suppose, but it would pay to be very skeptical here—LUCID has been around for a long time–2007 I think–and if they intend on producing and delivering cars in 2021, I would think that they would have a date pretty much set in stone by this point.
I would be reluctant to put much stock into "protypes".
Its the production that counts.
This might be a "trade", but not likely an "investment". Even TSLA barely makes a profit and they are deep into production for many years now.
If TSLA can barely make a profit after all this time, it seems like LUCID is at least a decade away from doing so—and that is assuming they do everything right.
Good luck.
Who gives a rats ass about the merger date? It is the delivery date that matters. For fuck sake. The merger is a non-event in the long run. The production and delivery of cars is all that matters.
Should I keep my 45 shares?
ROFL…..yeah right. Soon Soon, always soon.
Sounds fishy
1561 shares at $24.4 lesss go to the moon
There is no confirmation of merger date.
Merger date is NOT confirmed for July 23rd. As per the most recent S-4A: "An assumed Closing Date of July 23, 2021 has been used throughout this proxy statement/prospectus for illustrative purposes only and is not intended to be a projection of the actual Closing Date."
Why??? They get to use your cash and make money regardless.
Wow…8x dilution right off the bat. Start buying those puts,kleins gonna go back to his roots as a retail killer
Question…..Will the share price change when the 16% Cciv merges with the other shares and they all become Lcid? Is it revalued?
Your awesome thomas. Ty. The amount of shares that will opened after the merger concerns me. I had a stock do that and it tanked after the merger. What are your thoughts. Should I sell my shares before the merger. I lost a lot on the last one and don’t want to lose it again. Cciv is the only stock I hold. 10000 shares
Keep'em comin'!!!
July 22nd is the Ronald McDonald Raffle drawing for a Lucid Air Dream Edition a possible unveiling?
Let me know if there’s any further merger related/CCIV related questions YOU want answering