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Stock impact report

Lucid Group, Inc. Announces Proposed Convertible Senior Notes Offering [Yahoo! Finance]

Lucid Group, Inc. (LCID) 
Company Research Source: Yahoo! Finance
Lucid expects to grant the initial purchasers an option to purchase up to an additional $100,000,000 aggregate principal amount of notes for settlement within a 13-day period of the issuance of the notes Intends to repurchase a portion of the existing 1.25% convertible notes due in 2026 The Public Investment Fund of Saudi Arabia ("PIF") demonstrates ongoing support for Lucid, providing a prepaid forward NEWARK, Calif. Nov. 11, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID) today announced its intention to offer, subject to market and other conditions, $875,000,000 aggregate principal amount of convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. Lucid also expects to grant the initial purchasers of the notes an option, for settlement within a period of 13 days from, and including, the date the notes are first issued, to purchase up to Show less Read more
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