Lucid Holder Ayar Files Shelf to Offer 265.7m Shares Over Time

Nov. 7, 2023, 9:59 PM UTC

Ayar Third Investment Co. registers shelf offering of 265.7m Lucid shares from time to time.

  • Saudi Public Investment Fund, directly and through Ayar, owned about 60% of Lucid common stock as of Sept. 30
  • Filing doesn’t mean Ayar will sell any of the shares
  • NOTE: PIF owns 1.37b shares, according to data compiled by Bloomberg
  • NOTE: Lucid Shares Slide After Cutting Year Production Goal

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To contact the reporter on this story:
Jim Silver in New York at jsilver@bloomberg.net

To contact the editor responsible for this story:
Sunil Kesur at skesur@bloomberg.net

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