Trouble in paradise for Lucid
December 7, 2021
Lucid Motors went public with a Special Purpose Acquisition Company (SPAC), not an Initial Public Offering (IPO), this is an important difference. In short, the IPO is a traditional tool companies use to be listed in the stock exchange, and it has stringent requirements. On the other hand, the SPAC is a more modern tool, … More Trouble in paradise for Lucid