Lucid files resale prospectus for up to 75.7 million Class A shares, preferred stock conversion shares
Reuters2026/08/12 20:18- Lucid filed a resale prospectus supplement covering up to 51,651,489 Class A shares issuable from Series C Convertible Preferred conversion.
- Also registered for resale: 24,038,462 Class A shares, plus 55,000 shares of Series C Convertible Preferred Stock.
- No new shares will be issued or sold by Lucid in connection with the resale registration.
- Registration supports contractual obligations tied to private placements with Ayar Third Investment Company and SMB Holding Corporation.
- Transfer restrictions apply: SMB until October 2027; Ayar until April 2027 for preferred stock and conversion shares.
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