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SPAC Boom Propels Electric Carmakers to Public Markets Bloomberg 1/22/2021 Ed Ludlow and Crystal Tse (Bloomberg) -- Until June last year, Tesla Inc. was the only dedicated electric carmaker based in the U.S. on the stock market. Then special purpose acquisition companies took over Wall Street. Popular Searches SPACs, or blank-check companies, are shell vehicles that raise money to take a private company public via a reverse merger. Unlike traditional initial public offerings, SPAC deals allow listing candidates to market financial projections to investors, a perk for earlier...

Churchill Capital Corp IV has surged 70% in just 4 days amid Lucid Motors merger talks Churchill Capital Corp IV has surged 70% in just 4 days amid Lucid Motors merger talks Will DanielJan 14, 2021, 21:00 IST Lucid Air.Lucid Churchill Capital Corp IV is continuing its meteoric rise on Thursday, with shares surging roughly 9% before paring some gains. The SPAC's market cap now pushes $4 billion after shares shot up over 70% in the last four days. Former Citigroup man Lucid Motors. Churchill Capital Corp IV is continuing its meteoric rise on Thursday. Shares have surged over 70% in four days s...

Hamilton Chukyo Brokerage Comments On Lucid Motors Reportedly In Talks To Go Public TORONTO, ON / ACCESSWIRE / January 12, 2021 / Hamilton Chukyo Brokerage has today commented on electric carmaker Lucid Motors Inc., as the firm considers going public via a merger with one of Michael Klein's special purpose acquisition companies (SPAC). "The deal could be valued at up to $15 billion," commented Anthony Roberts, Head of Institutional Trading at Hamilton Chukyo Brokerage. "Lucid is working with financial advisers, and the talks are ongoing," he added. Michael Klein, a former Citigroup Inc. rainm...

84 Biggest Movers From Yesterday Benzinga 1/12/2021 Gainers Zomedica Corp. (NYSE: ZOM) shares surged 92.2% to close at $0.93 on Monday after surging 21% on Friday. The company, last week, appointed Robert Cohen as Chief Executive Officer. GeoVax Labs, Inc. (NASDAQ: GOVX) shares gained 62.4% to close at $5.36 after the company was awarded NIH grant to advance COVID-19 vaccine development. Avinger, Inc. (NASDAQ: AVGR) jumped 61.9% to close at $1.45 after climbing around 38% on Friday. The company on Dec. 30 was granted a European patent titled 'Oct imaging catheter with lag correction.' Tr...

-     Royal Dutch Shell (NYSE: RDS.A) resumed LNG exports from its Prelude facility in Australia after a lengthy period of maintenance. Tuesday, January 12, 2021  Oil prices shot up to a 10-month high, posting further gains in the wake of the OPEC+ cuts, and edged a bit higher by a weaker dollar. Some analysts are starting to argue that the rally is getting a little overdone. WTI is above the 200-week moving average, and “it may soon top out,” according to Commerzbank.  LNG prices skyrocket. JKM prices for LNG in northeast Asia are shooting through the roof. Cold weather and higher d...