---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-065525"
form_type: "8-K"
ticker: "LCID"
cik: "0001811210"
company_name: "Lucid Group, Inc."
filed_at: "2026-10-09T20:03:23+00:00"
generated_at: "2026-10-12T15:12:29.978837+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Lucid draws $400M from PIF affiliate Ayar DDTL; total outstanding ~$2.1B, $400M capacity left

## Summary
- On October 6, 2026, Lucid Group drew $400 million under Delayed Draw Term Loan facilities from Ayar Third Investment Company, an affiliate of the Public Investment Fund.
- Aggregate principal outstanding under the DDTL after the draw is approximately $2.1 billion, with about $400 million of additional borrowing capacity remaining.
- Key DDTL terms were incorporated by reference to prior 8-Ks filed August 5, 2024, November 5, 2025 and April 14, 2026; no new rate, maturity or pricing terms were disclosed here.
- The report is signed by Chief Financial Officer Alexander De Bock and dated October 9, 2026; the only exhibit is the XBRL cover page.

## SEC filing metadata
- accession: 0001628280-26-065525
- form_type: 8-K
- ticker: LCID
- cik: 0001811210
- company_name: Lucid Group, Inc.
- filed_at: 2026-10-09T20:03:23+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1811210/000162828026065525/0001628280-26-065525-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1811210/000162828026065525/lcid-20261006.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-065525
- JSON: https://secwatch.observer/filing/0001628280-26-065525.json
- Plain text: https://secwatch.observer/filing/0001628280-26-065525.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.