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2021-07-23
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EV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders<blockquote>电动汽车初创公司Lucid因持有者缺席而面临SPAC交易失败的风险</blockquote>
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IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a new statement for shareholders to sign off on the deal. Churchill’s shares fell as much as 4.8% before retracing about half the loss.</p><p><blockquote>由投资银行家迈克尔·克莱因(Michael Klein)创办的特殊目的收购公司Churchill Capital Corp.IV推迟了周四决定合并命运的股东大会,将决定推迟到第二天。它还在一份新声明中再次呼吁股东签署该交易。丘吉尔股价下跌4.8%,随后收复约一半跌幅。</blockquote></p><p> “The company still needs additional votes to obtain approval for that proposal by a majority of its outstanding shares,” according to the statement. “As a result, the meeting has been adjourned to obtain the required votes.”</p><p><blockquote>声明称:“该公司仍需要额外投票才能获得大多数已发行股票的批准。”“因此,会议已休会以获得所需票数。”</blockquote></p><p> The two companies are trying to woo the very investors who pushed Churchill’s shares up more than 130% this year, including individual holders who are new to investing and who may not bother to vote their relatively small stakes. To an extent, it’s another case of Wall Street having to adjust to disruptions caused by novice traders, whose influx has fueled and sometimes collided with the boom in SPAC deals.</p><p><blockquote>这两家公司正试图吸引今年推动丘吉尔股价上涨超过130%的投资者,其中包括投资新手、可能懒得对其相对较小的股份进行投票的个人持有人。在某种程度上,这是华尔街不得不适应新手交易员造成的干扰的另一个例子,新手交易员的涌入推动了SPAC交易的繁荣,有时甚至与之发生冲突。</blockquote></p><p> In an investor update shortly after the meeting was adjourned, Klein addressed investors who may have picked up shares in Churchill via trading platforms such as Robinhood.</p><p><blockquote>在会议休会后不久的投资者更新中,克莱因向可能通过Robinhood等交易平台购买丘吉尔股票的投资者发表了讲话。</blockquote></p><p> “We welcome all of the new shareholders,” Klein said. “However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote,” Klein said. He added that the process “literally takes one minute.”</p><p><blockquote>“我们欢迎所有新股东,”克莱因说。“但是,我们需要您参与选举过程。特别是,如果您通过新的交易平台、新的应用程序参与,这些应用程序可能不一定会明确引导您使用投票服务,我们需要您的投票,”克莱因说。他补充说,这个过程“实际上需要一分钟”。</blockquote></p><p> Multiple notices have been sent to shareholders, with Lucid Chief Executive Officer Peter Rawlinson singling out Robinhood users “with those diamond hands” in a video posted to social media earlier this week. The voting deadline was extended Thursday morning just hours before the meeting was set to take place. Churchill also asked investors who were holders of record to vote even if they’ve already sold their shares.</p><p><blockquote>已向股东发出多份通知,Lucid首席执行官彼得·罗林森(Peter Rawlinson)在本周早些时候发布在社交媒体上的一段视频中挑出了“拥有钻石手”的Robinhood用户。周四上午,就在会议召开前几个小时,投票截止日期被延长。丘吉尔还要求有记录的投资者投票,即使他们已经出售了股票。</blockquote></p><p> Biggest SPAC</p><p><blockquote>最大的SPAC</blockquote></p><p> Churchill’s announced merger with Lucid in February was then the largest proposed SPAC deal ever. The stock surged more than 500% at one point, bid up amid enthusiasm for the green revolution and the waning of the internal combustion engine.</p><p><blockquote>Churchill在2月份宣布与Lucid合并,这是当时SPAC有史以来最大的拟议交易。由于对绿色革命的热情和内燃机的衰落,该股一度飙升超过500%。</blockquote></p><p> But Lucid delayed the start of production more than once over the course of the pandemic as it faced industry-wide supply-chain issues and quality-control concerns. Rawlinson has said Lucid is on track to start production for customer deliveries in the second half of 2021.</p><p><blockquote>但由于面临全行业的供应链问题和质量控制问题,Lucid在疫情期间不止一次推迟了生产开始。Rawlinson表示,Lucid有望于2021年下半年开始生产并向客户交付。</blockquote></p><p> Rawlinson, who spoke after Klein from a factory in Arizona, said the team was “energized about going into full production mode” later this year and reiterated Klein’s plea to shareholders.</p><p><blockquote>罗林森在克莱因位于亚利桑那州的一家工厂发表讲话,他表示,该团队“对今年晚些时候进入全面生产模式充满活力”,并重申了克莱因对股东的呼吁。</blockquote></p><p> The last proposal that needs approval will complete a business combination that “provides me with that crucial financing that I need to grow and propel this great company,” Rawlinson said. “I want to be super clear about this, I need you to vote.”</p><p><blockquote>罗林森说,最后一项需要批准的提案将完成一项业务合并,“为我提供发展和推动这家伟大公司所需的关键融资”。“我想非常清楚这一点,我需要你投票。”</blockquote></p><p></p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>EV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders<blockquote>电动汽车初创公司Lucid因持有者缺席而面临SPAC交易失败的风险</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEV Startup Lucid Risks SPAC Deal Collapse on No-Show Holders<blockquote>电动汽车初创公司Lucid因持有者缺席而面临SPAC交易失败的风险</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Bloomberg</strong><span class=\"h-time small\">2021-07-23 09:41</span>\n</p>\n</h4>\n</header>\n<article>\n<p>(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval.</p><p><blockquote>(彭博社)——寻求收购电动汽车初创公司Lucid Motors Inc.的空白支票公司在最后一刻呼吁散户股东投票支持该交易,有迹象表明该公司正在努力赢得他们的批准。</blockquote></p><p> Churchill Capital Corp. IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a new statement for shareholders to sign off on the deal. Churchill’s shares fell as much as 4.8% before retracing about half the loss.</p><p><blockquote>由投资银行家迈克尔·克莱因(Michael Klein)创办的特殊目的收购公司Churchill Capital Corp.IV推迟了周四决定合并命运的股东大会,将决定推迟到第二天。它还在一份新声明中再次呼吁股东签署该交易。丘吉尔股价下跌4.8%,随后收复约一半跌幅。</blockquote></p><p> “The company still needs additional votes to obtain approval for that proposal by a majority of its outstanding shares,” according to the statement. “As a result, the meeting has been adjourned to obtain the required votes.”</p><p><blockquote>声明称:“该公司仍需要额外投票才能获得大多数已发行股票的批准。”“因此,会议已休会以获得所需票数。”</blockquote></p><p> The two companies are trying to woo the very investors who pushed Churchill’s shares up more than 130% this year, including individual holders who are new to investing and who may not bother to vote their relatively small stakes. To an extent, it’s another case of Wall Street having to adjust to disruptions caused by novice traders, whose influx has fueled and sometimes collided with the boom in SPAC deals.</p><p><blockquote>这两家公司正试图吸引今年推动丘吉尔股价上涨超过130%的投资者,其中包括投资新手、可能懒得对其相对较小的股份进行投票的个人持有人。在某种程度上,这是华尔街不得不适应新手交易员造成的干扰的另一个例子,新手交易员的涌入推动了SPAC交易的繁荣,有时甚至与之发生冲突。</blockquote></p><p> In an investor update shortly after the meeting was adjourned, Klein addressed investors who may have picked up shares in Churchill via trading platforms such as Robinhood.</p><p><blockquote>在会议休会后不久的投资者更新中,克莱因向可能通过Robinhood等交易平台购买丘吉尔股票的投资者发表了讲话。</blockquote></p><p> “We welcome all of the new shareholders,” Klein said. “However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote,” Klein said. He added that the process “literally takes one minute.”</p><p><blockquote>“我们欢迎所有新股东,”克莱因说。“但是,我们需要您参与选举过程。特别是,如果您通过新的交易平台、新的应用程序参与,这些应用程序可能不一定会明确引导您使用投票服务,我们需要您的投票,”克莱因说。他补充说,这个过程“实际上需要一分钟”。</blockquote></p><p> Multiple notices have been sent to shareholders, with Lucid Chief Executive Officer Peter Rawlinson singling out Robinhood users “with those diamond hands” in a video posted to social media earlier this week. The voting deadline was extended Thursday morning just hours before the meeting was set to take place. Churchill also asked investors who were holders of record to vote even if they’ve already sold their shares.</p><p><blockquote>已向股东发出多份通知,Lucid首席执行官彼得·罗林森(Peter Rawlinson)在本周早些时候发布在社交媒体上的一段视频中挑出了“拥有钻石手”的Robinhood用户。周四上午,就在会议召开前几个小时,投票截止日期被延长。丘吉尔还要求有记录的投资者投票,即使他们已经出售了股票。</blockquote></p><p> Biggest SPAC</p><p><blockquote>最大的SPAC</blockquote></p><p> Churchill’s announced merger with Lucid in February was then the largest proposed SPAC deal ever. The stock surged more than 500% at one point, bid up amid enthusiasm for the green revolution and the waning of the internal combustion engine.</p><p><blockquote>Churchill在2月份宣布与Lucid合并,这是当时SPAC有史以来最大的拟议交易。由于对绿色革命的热情和内燃机的衰落,该股一度飙升超过500%。</blockquote></p><p> But Lucid delayed the start of production more than once over the course of the pandemic as it faced industry-wide supply-chain issues and quality-control concerns. Rawlinson has said Lucid is on track to start production for customer deliveries in the second half of 2021.</p><p><blockquote>但由于面临全行业的供应链问题和质量控制问题,Lucid在疫情期间不止一次推迟了生产开始。Rawlinson表示,Lucid有望于2021年下半年开始生产并向客户交付。</blockquote></p><p> Rawlinson, who spoke after Klein from a factory in Arizona, said the team was “energized about going into full production mode” later this year and reiterated Klein’s plea to shareholders.</p><p><blockquote>罗林森在克莱因位于亚利桑那州的一家工厂发表讲话,他表示,该团队“对今年晚些时候进入全面生产模式充满活力”,并重申了克莱因对股东的呼吁。</blockquote></p><p> The last proposal that needs approval will complete a business combination that “provides me with that crucial financing that I need to grow and propel this great company,” Rawlinson said. “I want to be super clear about this, I need you to vote.”</p><p><blockquote>罗林森说,最后一项需要批准的提案将完成一项业务合并,“为我提供发展和推动这家伟大公司所需的关键融资”。“我想非常清楚这一点,我需要你投票。”</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源:<a href=\"https://finance.yahoo.com/news/ev-startup-lucid-risks-collapse-152705029.html\">Bloomberg</a></p>\n<p>为提升您的阅读体验,我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LCID":"Lucid Group Inc"},"source_url":"https://finance.yahoo.com/news/ev-startup-lucid-risks-collapse-152705029.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117826249","content_text":"(Bloomberg) -- The blank-check company seeking to buy electric-car startup Lucid Motors Inc. made a last-minute appeal for retail shareholders to vote for the deal amid signs that it’s struggling to win their approval.\nChurchill Capital Corp. IV, the special purpose acquisition company started by investment banker Michael Klein, adjourned its Thursday shareholder meeting that was to determine the fate of the merger, pushing the decision back to the following day. It also appealed again in a new statement for shareholders to sign off on the deal. Churchill’s shares fell as much as 4.8% before retracing about half the loss.\n“The company still needs additional votes to obtain approval for that proposal by a majority of its outstanding shares,” according to the statement. “As a result, the meeting has been adjourned to obtain the required votes.”\nThe two companies are trying to woo the very investors who pushed Churchill’s shares up more than 130% this year, including individual holders who are new to investing and who may not bother to vote their relatively small stakes. To an extent, it’s another case of Wall Street having to adjust to disruptions caused by novice traders, whose influx has fueled and sometimes collided with the boom in SPAC deals.\nIn an investor update shortly after the meeting was adjourned, Klein addressed investors who may have picked up shares in Churchill via trading platforms such as Robinhood.\n“We welcome all of the new shareholders,” Klein said. “However, we need you to participate in the election process. In particular, if you are participating from the new trading platforms, the new apps that may not necessarily be directing you clearly to a voting service, we need your vote,” Klein said. He added that the process “literally takes one minute.”\nMultiple notices have been sent to shareholders, with Lucid Chief Executive Officer Peter Rawlinson singling out Robinhood users “with those diamond hands” in a video posted to social media earlier this week. The voting deadline was extended Thursday morning just hours before the meeting was set to take place. Churchill also asked investors who were holders of record to vote even if they’ve already sold their shares.\nBiggest SPAC\nChurchill’s announced merger with Lucid in February was then the largest proposed SPAC deal ever. The stock surged more than 500% at one point, bid up amid enthusiasm for the green revolution and the waning of the internal combustion engine.\nBut Lucid delayed the start of production more than once over the course of the pandemic as it faced industry-wide supply-chain issues and quality-control concerns. Rawlinson has said Lucid is on track to start production for customer deliveries in the second half of 2021.\nRawlinson, who spoke after Klein from a factory in Arizona, said the team was “energized about going into full production mode” later this year and reiterated Klein’s plea to shareholders.\nThe last proposal that needs approval will complete a business combination that “provides me with that crucial financing that I need to grow and propel this great company,” Rawlinson said. “I want to be super clear about this, I need you to vote.”","news_type":1,"symbols_score_info":{"LCID":0.9,"CCIV":0.9}},"isVote":1,"tweetType":1,"viewCount":348,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":21,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/175978318"}
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