Lucid files resale prospectus for up to 75.7 million Class A shares, preferred stock conversion shares
LCID•Resale prospectus covers preferred conversion shares and other Class A stock
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 are 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.
The 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.
