{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-115976","form_type":"8-K","ticker":"LCID","cik":"0001811210","company_name":"Lucid Group, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.254028+00:00","generated_at":"2026-06-22T04:21:12.044738+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lucid secures up to $915M equity investment from majority shareholder Ayar, plus $600M ATM facility","bullets":["Subscription Agreement with Ayar (PIF affiliate) for up to $915M in common stock private placements through March 31, 2023.","Ayar will purchase shares pro-rata at same price as public offerings, including at-the-market (ATM) sales under a new $600M Equity Distribution Agreement.","Shares sold to Ayar subject to six-month lock-up (with customary exceptions) and registration rights under an amended Investor Rights Agreement.","ATM facility with BofA, Barclays, and Citigroup; shares sold at market prices, commissions up to 2%.","Funding supports Lucid's operations; Ayar's ownership percentage used as basis for pro-rata calculation (~60.4% as of Sept 30, 2022)."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-115976","json":"https://secwatch.observer/filing/0001104659-22-115976.json","markdown":"https://secwatch.observer/filing/0001104659-22-115976.md","text":"https://secwatch.observer/filing/0001104659-22-115976.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811210/000110465922115976/0001104659-22-115976-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811210/000110465922115976/tm2229867d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T04:21:12.044738+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9d71c973ffbc774dc54cc8879070246b0132c204","claim":"Lucid Group, Inc. entered into Subscription Agreement with Ayar Third Investment Company valued at $915 million (effective 2022-11-08).","evidence_excerpt":"(the “Company”) entered into a Subscription Agreement, dated November 8, 2022 (the “Subscription Agreement”), between the Company and Ayar Third Investment Company, a single shareholder limited","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811210/000110465922115976/0001104659-22-115976-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Ayar Third Investment Company"},{"label":"Value","value":"$915 million"},{"label":"Effective","value":"2022-11-08"}],"fact_type":"material_agreement"},{"claim_id":"fc361ea2953b0fefbf44899a55991486bdee0044","claim":"Lucid Group, Inc. entered into IRA Amendment with Ayar Third Investment Company (effective 2022-11-08).","evidence_excerpt":"022 (the “Subscription Agreement”), between the Company and Ayar Third Investment Company, a single shareholder limited liability company organized under the laws of the Kingdom of Saudi Arabia (“Ayar”),","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811210/000110465922115976/0001104659-22-115976-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Ayar Third Investment Company"},{"label":"Effective","value":"2022-11-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}