Churchill Capital Corp IV Loss Submission Form

Company: Churchill Capital Corp IV

Ticker: (NYSE) CCIV

Deadline

Passed

Lead Plaintiff Deadline: August 30, 2021

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Allegations

(1) Lucid was not prepared to deliver vehicles by spring of 2021; (2) Lucid was projecting a production of 557 vehicles in 2021 instead of the 6,000 vehicles touted in the run-up to the merger with Churchill; and (3) as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.