It is a stock called CCIV, Churchill Capital Corp IV.
It is SPAC stock.
Spec stock, as everyone knows
Unlisted companies will be listed through spec stocks. Although it is a back-door listing, we believe it is a new IPO.
This stock shows a surge
This news appears on the 1/11 character.
Who is the target?
Perhaps Lucid Motors
In fact, the first report was made in Bloomberg.
If you are looking at tech-related corporate news in the United States, please visit Bloomberg YouTube often. It looks good.
The rationale is that one of the chairs of the board of Lucid motors is a partner at CCIV.
Lucid motors, Lucid Motors
Starting from a company that makes electric vehicle batteries, he is trying to make electric vehicles.
Most of the executives are from companies such as Tesla.
It has the slogan of making high-end electric vehicles.
Unlike Tesla, is it the most efficient and luxurious? It is said to go with one feeling.
About 8,000 to 100 million.
It will not be easy to beat Tesla, but the target market seems to be a little different.
Anyway, Lucid Motors' IPO procurement amount is estimated to be around 10~15 trillion won.
Few SPAC stocks raise this amount.
Of these, CCIV is representative.
Bloomberg said it was negotiating from about 1/14
Lucid Motors, CCIV, and related Saudi Arabian officials all once denied or commented
Is going over
Eventually, many investors are entering that CCIV will succeed in the merger with Lucid Motors.
If it is successful, it is expected that it will show another big rise.
In case of failure... a plunge is a risk.
