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Lucid Files Preliminary Proxy Statement with the SEC to Initiate Plan for Reverse Stock Split
Lucid Lucid (US:LCID) Prnewswire·2025-07-17 20:29

NEWARK, Calif., July 17, 2025 /PRNewswire/ -- Lucid Group, Inc. ("Lucid" or the "Company") (NASDAQ: LCID), maker of the world's most advanced electric vehicles, today announced that it has filed a preliminary proxy statement with the Securities and Exchange Commission (the "SEC") regarding a special stockholders' meeting to authorize Lucid's Board of Directors (the "Board") to effect a reverse stock split of the Company's Class A common stock (the "common stock") at a ratio of one-for-ten (1:10) (the "Rever ...