Lucid Group

Saudi PIF-backed Lucid Group plans to sell 262.4m shares

Saudi PIF-backed Lucid Group plans to sell 262.4m shares

  • BofA Securities will handle the sale and the shares could be sold in different ways
  • Ayar Third Investment Co. plans to buy 374.7 million shares in a separate private deal
By NOUR EL-SHAERI    ·