Current Report Filing (8-k)
December 17 2021 - 5:01PM
Edgar (US Regulatory)
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0001811210
2021-12-14
2021-12-14
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 14, 2021
Lucid Group, Inc.
(Exact name of registrant as specified in its charter)
Delaware
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001-39408
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85-0891392
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(State or other
jurisdiction of
incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.)
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7373 Gateway Blvd
Newark, CA
(Address of principal executive offices)
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94560
(Zip Code)
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Registrant’s telephone number, including area code: (510) 648-3553
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(Former name or former address, if changed since last report)
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Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each class
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Trading
Symbol
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Name of each exchange on which registered
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Class A Common Stock, $0.0001 par value per share
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LCID
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The Nasdaq Stock Market LLC
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Indicate by check mark whether the registrant is
an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As of December 14,
2021, Mike Smuts, the Vice President of Finance of Lucid Group, Inc. (“Lucid” or the “Company”), is
separating from the Company. Mr. Smuts will continue to provide transition services to Lucid until January 17, 2022, and will be
eligible to receive benefits under the Company’s Executive Severance Benefit Plan (the “Plan”), as the separation is a
Qualifying Termination (as defined under the Plan).
Lucid previously announced
the appointment of Gagan Dhingra as Vice President of Accounting and Internal Controls, Principal Accounting Officer. Earlier this month,
Lucid also appointed Mustally Hussain as Lucid’s Managing Director for Treasury and Financial Services.
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto
duly authorized.
Dated: December 17, 2021
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LUCID GROUP, INC.
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By:
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/s/ Sherry House
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Name: Sherry House
Title: Chief Financial Officer
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