Target $0

[AZLucidGuy]

Napoli said capital raise will be positive for shareholders, wonder what he meant by that…..

It will be positive for the shareholders long term with a short term hit on the stock. What's worse? That would be no viable options for capital raise and bankruptcy.

 

[gaskiller]

What do you think? And I mean that not in a snarky way, maybe some sort of institution comes in?

Not sure and I have no financial knowledge, I just average down LCID

Unless Uber is investing more….or some other 3rd party.

 

[erigion]

PIF is gonna take the money they were going to spend on LIV Golf and just give it to Lucid as an early Christmas present. No dilution. No interest payments. Just a pile of cash in a box with gift wrapping.

Very positive.

 

[socktucker]

PIF is gonna take the money they were going to spend on LIV Golf and just give it to Lucid as an early Christmas present. No dilution. No interest payments. Just a pile of cash in a box with gift wrapping.

Very positive.

I don't think the Saudis celebrate christmas bro

 

[erigion]

https://****************.com/lucid/lucid-draws-another-400m-from-pif-as-market-cap-drops-below-1-5b/

TIL that PIF's preferred stock holdings gets a 9% annual dividend of additional shares.

 

[fadooly]

I don't think the Saudis celebrate christmas bro

He meant Eid hhh