{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-041218","form_type":"8-K","ticker":"LCID","cik":"0001811210","company_name":"Lucid Group, Inc.","filed_at":"2024-03-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.632409+00:00","generated_at":"2026-06-04T05:30:30.562541+00:00","sec_items":["1.01","3.02","3.03","5.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Lucid raises $1B via convertible preferred stock sale to PIF affiliate Ayar","bullets":["Sold 100,000 shares of Series A Convertible Preferred Stock to Ayar for $1B on March 29, 2024.","Ayar is an affiliate of Public Investment Fund (PIF), Lucid's majority shareholder.","Shares issued under a Certificate of Designations filed with Delaware Secretary of State.","Third IRA Amendment grants Ayar piggy-back and shelf registration rights for the new shares.","Transaction exempt from registration under Section 4(a)(2) of the Securities Act."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-041218","json":"https://secwatch.observer/filing/0001104659-24-041218.json","markdown":"https://secwatch.observer/filing/0001104659-24-041218.md","text":"https://secwatch.observer/filing/0001104659-24-041218.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1811210/000110465924041218/0001104659-24-041218-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1811210/000110465924041218/tm2410184d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T05:30:30.562541+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":"f502aeb9cc9d191bbc06d9da50136d9a2208ddbb","claim":"Lucid Group, Inc.: Item 5.03 cross-referenced to Item 1.01 but the excerpt does not describe the amendment content.","evidence_excerpt":"The information contained in Item 1.01 of this Current Report is incorporated by reference into this Item 5.03.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1811210/000110465924041218/0001104659-24-041218-index.htm","confidence":0.4,"family_label":"Governance Changes","details":[],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}