SUBSTANTIAL EVIDENCE: 🧐
$CCIV is merging with @LucidMotors

S/O to the FinTwit community for uncovering all of this information.

Full Thread 👇👇👇
1/ Management Connections

There is a lot of crossover between big names at $CCIV and @LucidMotors

The biggest being Andrew Liveris
- who is on the board of both Lucid and CCIV

Thanks to @_El_Profesorr for the chart
2/ Interesting Online Find

Pitchbook (owned by @MorningstarInc) is a reputable SaaS company that delivers data + research on private companies

- The report says @LucidMotors is doing a reverse merger 👀

@PabloEstrader with this great find

Link to page: https://pitchbook.com/profiles/company/51503-32#overview
4/ Massive Job Hirings at Lucid

Over the past few months @LucidMotors has been posting a ton of job listings.

Seems to me they're getting ready to go public...

Why else would they need a Stock Plan & SEC Reporting Manager?

S/O @hopremco @alexcutler247 for the finds
5/ Klein gauging interest

There was a rumor in November that $CCIV was merging with @DIRECTV. People weren't interested in that acquisition. https://www.bloomberg.com/news/articles/2020-11-05/michael-klein-s-churchill-spac-said-to-eye-at-t-s-directv-stake

Did Michael Klein hint @LucidMotors to see what people thought of the acquisition?

I believe so.

♟️ > 🏁
6/ Timing the EV rush

EV's are the future.

@LucidMotors is trying to join the rush to public markets just like $CIIC $NGA $XL $RIDE $HYLN $ACTC $FSR $GOEV did through SPAC's

I feel this chart is conservative. Lucid sees the growing popularity of EV's and wants in now.
7/ Huge Orders Coming in

- The volume on $CCIV has been insane
• 184M last Friday

- There have also been huge buy orders

"Where there is smoke...there is FIRE" 🔥

Thanks @AviMordechaiUSA for this find
8/ Tracking Flights of Major Players

This shows the investigative power of FinTwit

and

The power of the internet.

Use it to your advantage.

Not sure if it means anything, but it is definitely INTERESTING. Worth a look. https://twitter.com/realearthman/status/1351040052806213637?s=20
9/ Why SPAC, not IPO

- SPAC speeds up road to market by 2-4 months

- SPAC has added assurance of long-term investor base via a PIPE

- SPAC's have proven themselves in the last year

The SPAC route is much more reasonable for $CCIV and @LucidMotors ‼️
$CCIV to @LucidMotors will be huge!

The connections are there.
The dots seem to be adding up.

Been in since $12.96. Plan on holding strong until confirmation. I like the R/R...and the car is a beaut

Full DD thread on @LucidMotors ($100 stock) coming soon

👉 Follow for more
More Evidence $CCIV ~ @LucidMotors

This one is about the VP...pretty interesting and compelling.

I’ll keep adding to this thread as more clues unveil themselves. https://twitter.com/doctorspac/status/1351528813100900354
If the rumors were untrue...

I feel that both $CCIV and @LucidMotors would be more inclined to mention that.

The fact they are just declining to comment is a positive sign.

I have seen this with other mergers in the past and no comments are usually a good sign. https://twitter.com/spacguru/status/1351528464751489026
You can follow @PetcashInvest.
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