NEW YORK, July 21, 2021 /PRNewswire/ -- Churchill Capital
Corp IV ("Churchill IV" or "CCIV") (NYSE: CCIV), a publicly traded
special purpose acquisition company, reminds stockholders to vote
"FOR" the Company's proposed business combination with Lucid Motors
("Lucid"), which is setting new standards for sustainable mobility
with its advanced luxury EVs.
Proposals related to the combination will be voted upon at the
Company's special meeting of stockholders on July 22, 2021, as
described in Churchill IV's proxy statement/prospectus
dated June 25, 2021 (the "Proxy Statement").
- Churchill IV encourages ALL stockholders including individual
holders to vote, regardless of the number of shares held. Shares
that are not voted will not be counted as FOR the transaction.
- You can vote or receive assistance by calling MacKenzie
Partners, Churchill IV's proxy solicitor, toll-free, at
(800) 322-2885. Overseas voters can call MacKenzie
Partners at (212) 929-5500.
- Retail investors, including individual stockholders who
purchased shares through app-based brokers, should call this number
to ensure their vote counts.
- Stockholders as of the close of business on June 21, 2021, the record date for the Special
Meeting, should vote their shares even if they no longer own
them.
- Internet voting platforms are open for voting. If you hold
shares in "street name" you may vote by internet by following the
instructions provided by your broker, bank or other nominee.
- The Churchill IV special meeting of stockholders is scheduled
to take place on July 22, 2021, at
10:00 a.m. Eastern time, via live
webcast.
About Lucid
Lucid's mission is to inspire the adoption of sustainable energy by
creating the most captivating electric vehicles, centered around
the human experience. The company's first car, Lucid Air, is a
state-of-the-art luxury sedan with a California-inspired
design underpinned by race-proven technology. Featuring luxurious
interior space in a mid-size exterior footprint, select models of
Air are expected to be capable of a projected EPA range of over 500
miles and 0-60 mph in 2.5 seconds. Lucid Air is produced at Lucid's
new factory in Casa Grande, Arizona, and customer
deliveries are planned to begin in the second half of 2021.
About Churchill Capital Corp IV
Churchill Capital Corp IV was formed for the purpose of effecting a
merger, capital stock exchange, asset acquisition, stock purchase,
reorganization or similar business combination with one or more
businesses.
Additional Information About the Proposed Transactions and
Where to Find It
This communication does not constitute an offer to sell or
exchange, or the solicitation of an offer to buy or exchange, any
securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. This communication
relates to a proposed business combination between CCIV and
Lucid. In connection with the proposed business combination,
CCIV filed a registration statement on Form S-4, as amended (the
"Form S-4"), with the U.S. Securities and Exchange Commission (the
"SEC"). The Form S-4 was declared effective June 25, 2021. The
Form S-4 includes a document that serves as a prospectus and proxy
statement of CCIV, referred to as a proxy statement/prospectus,
that is both the proxy statement/prospectus which has been
distributed to CCIV's shareholders in connection with CCIV's
solicitation of proxies for the vote by CCIV's shareholders with
respect to the proposed transaction as described in the Form S-4 as
well as the prospectus relating to the proposed business
combination as described in the Form S-4. CCIV also will file other
documents regarding the proposed business combination with the SEC.
Before making any voting decision, investors and security holders
of CCIV are urged to read the Form S-4 and all other relevant
documents filed or that will be filed with the SEC in connection
with the proposed business combination as they become available
because they will contain important information about the proposed
transaction. CCIV has mailed a definitive proxy
statement/prospectus and other relevant documents to its
shareholders of record as of June 21, 2021, the record date
established for the special meeting of stockholders relating to the
proposed business combination. Investors and security holders may
obtain free copies of the Form S-4 and all other relevant documents
filed or that will be filed with the SEC by CCIV through the
website maintained by the SEC at www.sec.gov. The documents
filed by CCIV with the SEC also may be obtained free of charge at
CCIV's website at: https://iv.churchillcapitalcorp.com/# or upon
written request to 640 Fifth Avenue, 12th Floor New York,
NY 10019.
Participants in the Solicitation
CCIV, Lucid and
certain of their respective directors, executive officers and other
members of management and employees may, under SEC rules, be deemed
to be participants in the solicitations of proxies from CCIV's
shareholders in connection with the proposed transactions.
Information regarding the persons who may, under SEC rules, be
deemed participants in the solicitation of CCIV's shareholders in
connection with the proposed transactions is set forth in CCIV's
proxy statement/prospectus included in the Form S-4. Additional
information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests is
included in the proxy statement/prospectus. Shareholders, potential
investors and other interested persons should read the proxy
statement/prospectus carefully before making any voting or
investment decisions. You may obtain free copies of these documents
from the sources indicated above.
Forward-Looking Statements
This communication includes
"forward-looking statements" within the meaning of the "safe
harbor" provisions of the United States Private Securities
Litigation Reform Act of 1995. Forward-looking statements may be
identified by the use of words such as "estimate," "plan,"
"project," "forecast," "intend," "will," "expect," "anticipate,"
"believe," "seek," "target," "continue," "could," "may," "might,"
"possible," "potential," "predict" or other similar expressions
that predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding expectations
and timing related to commercial product launches, the performance,
range, autonomous driving and other features of the Lucid Air,
future market opportunities, including with respect to energy
storage systems and automotive partnerships, future manufacturing
capabilities and facilities, future sales channels and strategies,
future market launches and expansion, potential benefits of the
proposed business combination and PIPE investment (collectively,
the "proposed transactions") and the potential success of Lucid's
go-to-market strategy, and expectations related to the terms and
timing of the proposed transactions. These statements are based on
various assumptions, whether or not identified in this
communication, and on the current expectations of Lucid's and
CCIV's management and are not predictions of actual performance.
These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as, and must not be
relied on by any investor as, a guarantee, an assurance, a
prediction or a definitive statement of fact or probability. Actual
events and circumstances are difficult or impossible to predict and
will differ from assumptions. Many actual events and circumstances
are beyond the control of Lucid and CCIV. These forward-looking
statements are subject to a number of risks and uncertainties,
including factors discussed in CCIV's definitive proxy
statement/prospectus, CCIV's Annual Report on Form 10-K/A for the
year ended December 31, 2020 and CCIV's Quarterly Report
on Form 10-Q for the quarter ended March 31, 2021, in each
case, under the heading "Risk Factors," as well as other documents
of CCIV filed, or to be filed, with the SEC. If any of these risks
materialize or our assumptions prove incorrect, actual results
could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
neither Lucid nor CCIV currently know or that Lucid and CCIV
currently believe are immaterial that could also cause actual
results to differ from those contained in the forward-looking
statements. In addition, forward-looking statements reflect Lucid's
and CCIV's expectations, plans or forecasts of future events and
views as of the date of this communication. Lucid and CCIV
anticipate that subsequent events and developments will cause
Lucid's and CCIV's assessments to change. However, while Lucid and
CCIV may elect to update these forward-looking statements at some
point in the future, Lucid and CCIV specifically disclaim any
obligation to do so. These forward-looking statements should not be
relied upon as representing Lucid's and CCIV's assessments as of
any date subsequent to the date of this communication. Accordingly,
undue reliance should not be placed upon the forward-looking
statements.
Contacts
For Churchill Capital Corp IV:
Steve Lipin / Lauren Odell / Christina
Stenson
Gladstone Place Partners
(212) 230-5930
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SOURCE Churchill Capital Corp IV
