Nikola : EV maker Lucid Motors to go public via Michael Klein-backed SPAC

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Nikola : EV maker Lucid Motors to go public via Michael Klein-backed SPAC

Feb 22 (Reuters) – Lucid Motors on Monday agreed to go
public through a merger with Churchill Capital IV Corp,
a blank-check company backed by Wall Street dealmaker and former
Citigroup banker Michael Klein, in a deal that valued the
combined company at $11.75 billion.
(Reporting by Niket Nishant and Sohini Podder in Bengaluru;
Editing by Arun Koyyur)