On October 6, 2026, Lucid Group, Inc. drew $400 million of Delayed Draw Term Loan (“DDTL”) facilities pursuant to its existing agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund. Following this draw,...
On September 4, 2026, Lucid Group, Inc. (the “Company”) entered into a Transition Agreement and Release (the “Transition Agreement”) with Taoufiq Boussaid, the Company’s former Chief Financial Officer.
