Lucid (NASDAQ: LCID) wanted to raise its cash balance ahead of the launch of its Gravity SUV. Read More: Earn up to $845 cash back this year just by changing how you pay at Costco! Learn more here.

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital." ...

Lucid (Nasdaq: LCID) has an overly expensive, unappealing vehicle line up Shareholders continue to get heavily diluted as the company searches for a path forward Financial tricks like a reverse stock ...

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