Lucid Group effects 1-for-10 reverse stock split; authorized shares reduced to 1.5B

Lucid Group, Inc.

Reverse stock split at 1:10 ratio effective 5:00 p.m. ET on Aug 29, 2025.
Outstanding shares reduced from ~3.07B to ~307M; authorized shares from 15B to 1.5B.
Stock to trade on split-adjusted basis under symbol LCID starting Sept 2, 2025.
No fractional shares issued; stockholders receive cash for fractional shares.
Proportionate adjustments to equity awards, warrants, convertible notes, and capped calls.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Lucid Group, Inc.: Amendment to Certificate of Incorporation to effect a 1-for-10 reverse stock split and reduction of authorized shares from 15 billion to 1.5 billion (effective 2025-08-29).

Change: charter amendment
Effective: 2025-08-29

Exact text from the filing

On August 29, 2025, Lucid Group, Inc. (“ Lucid ” or the “ Company ”) filed an amendment (the “ Amendment ”) to its Third Amended and Restated Certificate of Incorporation (the “ Charter ”) with the Secretary of State of the State of Delaware to effect a reverse stock split (the “ Reverse Stock Split ”) at a ratio of one-for-ten (1:10) (the “ Exchange Ratio ”) of the Company’s common stock, par value $0.0001 (the “ Common Stock ”), and a corresponding reduction of the Company’s authorized shares of Common Stock (the “ Authorized Share Reduction ”).

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Lucid Group, Inc. filing history →

Source: SEC EDGAR

accession 0001811210-25-000022

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