LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Lucid Group’s stock slides 10% premarket after EV company announces $3 billion stock offering and private placement

Clyde Edgerton by Clyde Edgerton
June 1, 2023
in Markets
Lucid Group’s stock slides 10% premarket after EV company announces  billion stock offering and private placement
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Inside Trump’s chainsaw-wielding approach to one corner of government contracting

Trump’s chaotic economy is causing headaches for Democrats in New Jersey's governor race

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Lucid Group Inc.’s stock LCID slid 10% premarket Thursday, after the maker of luxury electric vehicles announced plans for an underwritten public offering of stock and a separate private placement to raise about $3.0 billion in gross proceeds. In a filing with the securities and exchange commission, Lucid said hat it plans to issue 173.5 million shares with BofA Securities acting as sole underwriter. Separately, the company’s majority shareholder the Ayar Third Investment Company, a unit of the Public Investment Fund, is planning to purchase 265.7 million shares in a private placement. That deal is expected to close on…



Source link

Share30Tweet19
Previous Post

Johnson’s unredacted diary entries and WhatsApp messages should be handed over to the Covid Inquiry – London Business News | London Wallet

Next Post

Hormel stock pops after profit beat, as actions to improve the Planters business worked

Clyde Edgerton

Clyde Edgerton

Recommended For You

Inside Trump’s chainsaw-wielding approach to one corner of government contracting
Markets

Inside Trump’s chainsaw-wielding approach to one corner of government contracting

May 25, 2025
Trump’s chaotic economy is causing headaches for Democrats in New Jersey's governor race
Markets

Trump’s chaotic economy is causing headaches for Democrats in New Jersey's governor race

May 14, 2025
Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year
Markets

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

May 3, 2025
Dems see Trump as vulnerable on the economy — if they can come up with an alternative
Markets

Dems see Trump as vulnerable on the economy — if they can come up with an alternative

April 30, 2025
Next Post
Hormel stock pops after profit beat, as actions to improve the Planters business worked

Hormel stock pops after profit beat, as actions to improve the Planters business worked

Related News

Beyonce hopes future is ‘more open to enjoying art with no preconceived notions’

Beyonce hopes future is ‘more open to enjoying art with no preconceived notions’

April 2, 2024
Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

Hyundai, Tesla pave the way for long-range (+300 mi) EV prices falling below average gas cars

June 7, 2024
Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat

Bye-bye buybacks? Big Oil’s record-breaking shareholder payouts are under threat

May 23, 2025

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?