S-4/A Filing

LUCID GROUP, INC. CIK: 1811210

Filing Information

Form Type	S-4/A
Accession Number	`0001104659-21-080354`
Period End Date	20210331
Filing Date	20210614
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	cciv-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 58 Income Statement 39 Cash Flow Statement 47 Stockholders Equity 19

Balance Sheet 58 line items

Line Item	Tag	Value	Unit	Period
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	185.34M	shares	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	186.25M	shares	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	191.47M	shares	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$2.07M	USD	Point-in-time
Cash	`Cash`	$3.59M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	1.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$937.79K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$845.67K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$4.53M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.91M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$2.07B	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrustNoncurrent`	$2.07B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.07B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.07B	USD	Point-in-time
Current liabilities - accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.42M	USD	Point-in-time
Current liabilities - accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.45M	USD	Point-in-time
Current income taxes payable	`TaxesPayableCurrent`	$81.42K	USD	Point-in-time
Warrant liability	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$17.17M	USD	Point-in-time
Warrant liability	`SharesSubjectToMandatoryRedemptionSettlementTermsFairValueOfShares`	$142.20M	USD	Point-in-time
Deferred underwriting payable	`DeferredUnderwritingFeePayableNonCurrent`	$72.45M	USD	Point-in-time
Deferred underwriting payable	`DeferredUnderwritingFeePayableNonCurrent`	$72.45M	USD	Point-in-time
Total Liabilities	`Liabilities`	$207.89M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.09B	USD	Point-in-time
Total Liabilities	`Liabilities`	$216.18M	USD	Point-in-time
Total Liabilities	`Liabilities`	$155.87M	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A common stock subject to possible redemption 185,343,777 shares at redemption value	`TemporaryEquityCarryingAmountAttributableToParent`	$1.91B	USD	Point-in-time
Class A common stock subject to possible redemption 185,343,777 shares at redemption value	`TemporaryEquityCarryingAmountAttributableToParent`	$2.07B	USD	Point-in-time
Class A common stock subject to possible redemption 185,343,777 shares at redemption value	`TemporaryEquityCarryingAmountAttributableToParent`	$1.86B	USD	Point-in-time
Class A common stock subject to possible redemption 185,343,777 shares at redemption value	`TemporaryEquityCarryingAmountAttributableToParent`	$1.85B	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$105.00K	USD	Point-in-time
Income taxes payable	`AccruedIncomeTaxesCurrent`	$81.42K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.53M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.82M	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$68.46M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$59.30M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$7.16M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$54.30M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.08B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.47M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$2.17M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-1.08B	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	-	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.07B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$2.07B	USD	Point-in-time

Income Statement 39 line items

Line Item	Tag	Value	Unit	Period
Formation and operating costs	`OperatingExpenses`	$3.09M	USD	1 Quarter
Formation and operating costs	`OperatingExpenses`	$2.98M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-3.09M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.98M	USD	3 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$531.36K	USD	3 Qtrs
Interest earned on marketable securities held in Trust Account	`InvestmentIncomeInterest`	$177.33K	USD	1 Quarter
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$58.78M	USD	3 Qtrs
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$51.98M	USD	2 Qtrs
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$812.37M	USD	1 Quarter
Transaction costs attributable to the Initial Public Offering	`TransactionCostsAttributableToInitialPublicOffering`	$2.17M	USD	3 Qtrs
Transaction costs attributable to the Initial Public Offering	`TransactionCostsAttributableToInitialPublicOffering`	$2.17M	USD	2 Qtrs
Unrealized gain on marketable securities held in Trust Account	`MarketableSecuritiesUnrealizedGainLoss`	$4.64K	USD	3 Qtrs
Unrealized gain on marketable securities held in Trust Account	`MarketableSecuritiesUnrealizedGainLoss`	$3.96K	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-868.68M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-60.41M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-871.77M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-63.39M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$23.58K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$81.42K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-54.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.47M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-871.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.30M	USD	2 Qtrs
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption	`TemporaryEquityWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	191.47M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption	`TemporaryEquityWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	188.27M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption	`TemporaryEquityWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	196.31M	shares	1 Quarter
Basic and diluted weighted average shares outstanding, Class A common stock subject to possible redemption	`TemporaryEquityWeightedAverageNumberOfSharesOutstandingBasicAndDiluted`	191.47M	shares	1 Quarter
Basic and diluted net income per share, Class A common stock subject to possible redemption	`TemporaryEquityEarningsPerShareBasicAndDiluted`	-	USD	2 Qtrs
Basic and diluted net income per share, Class A common stock subject to possible redemption	`TemporaryEquityEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net income per share, Class A common stock subject to possible redemption	`TemporaryEquityEarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted net income per share, Class A common stock subject to possible redemption	`TemporaryEquityEarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Basic and diluted weighted average shares outstanding, Non-redeemable common stock	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	65.32M	shares	1 Quarter
Basic and diluted weighted average shares outstanding, Non-redeemable common stock	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	62.14M	shares	3 Qtrs
Basic and diluted weighted average shares outstanding, Non-redeemable common stock	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	59.04M	shares	1 Quarter
Basic and diluted weighted average shares outstanding, Non-redeemable common stock	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	54.86M	shares	2 Qtrs
Basic and diluted net loss per share, Non-redeemable common stock	`EarningsPerShareBasicAndDiluted`	$-13.35	USD	1 Quarter
Basic and diluted net loss per share, Non-redeemable common stock	`EarningsPerShareBasicAndDiluted`	$-0.92	USD	1 Quarter
Basic and diluted net loss per share, Non-redeemable common stock	`EarningsPerShareBasicAndDiluted`	$-1.02	USD	3 Qtrs
Basic and diluted net loss per share, Non-redeemable common stock	`EarningsPerShareBasicAndDiluted`	$-0.99	USD	2 Qtrs

Cash Flow Statement 47 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-54.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.47M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-871.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.30M	USD	2 Qtrs
Interest earned on marketable securities held in Trust Account	`InterestEarnedOnMarketableSecuritiesHeldInTrustAccount`	$177.33K	USD	1 Quarter
Interest earned on marketable securities held in Trust Account	`InterestEarnedOnMarketableSecuritiesHeldInTrustAccount`	$531.36K	USD	3 Qtrs
Unrealized gain on marketable securities held in Trust Account	`MarketableSecuritiesUnrealizedGainLoss`	$4.64K	USD	3 Qtrs
Unrealized gain on marketable securities held in Trust Account	`MarketableSecuritiesUnrealizedGainLoss`	$3.96K	USD	1 Quarter
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$58.78M	USD	3 Qtrs
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$51.98M	USD	2 Qtrs
Loss on warrant liabilities	`FairValueAdjustmentOfWarrants`	$812.37M	USD	1 Quarter
Transaction costs attributable to Initial Public Offering	`TransactionCostsAttributableToInitialPublicOffering`	$2.17M	USD	3 Qtrs
Transaction costs attributable to Initial Public Offering	`TransactionCostsAttributableToInitialPublicOffering`	$2.17M	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-92.11K	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$937.79K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.45M	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-27.03K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$23.58K	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$81.42K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.47M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.02M	USD	1 Quarter
Investment of cash in Trust Account	`PaymentsToAcquireRestrictedInvestments`	$2.07B	USD	3 Qtrs
Cash withdrawn from Trust Account to pay taxes	`ProceedsFromCashWithdrawnFromTrustAccount`	$450.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-2.07B	USD	3 Qtrs
Proceeds from issuance of Class B common stock to Sponsor	`ProceedsFromIssuanceOfCommonStock`	$25.00K	USD	3 Qtrs
Proceeds from sale of Units, net of underwriting discounts paid	`ProceedsFromIssuanceInitialPublicOffering`	$2.03B	USD	3 Qtrs
Proceeds from sale of Private Placement Warrants	`ProceedsFromIssuanceOfWarrants`	$42.85M	USD	3 Qtrs
Proceeds from promissory note - related party	`ProceedsFromRelatedPartyDebt`	$1.50M	USD	1 Quarter
Proceeds from promissory note - related party	`ProceedsFromRelatedPartyDebt`	$550.00K	USD	3 Qtrs
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$550.00K	USD	3 Qtrs
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$550.00K	USD	Point-in-time
Repayment of promissory note - related party	`RepaymentsOfRelatedPartyDebt`	$550.00K	USD	1 Quarter
Payment of offering costs	`PaymentsOfStockIssuanceCosts`	$861.28K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.08B	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.59M	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.52M	USD	1 Quarter
Cash - Beginning of period	`Cash`	$2.07M	USD	Point-in-time
Cash - Beginning of period	`Cash`	$3.59M	USD	Point-in-time
Cash - End of period	`Cash`	$2.07M	USD	Point-in-time
Cash - End of period	`Cash`	$3.59M	USD	Point-in-time
Initial classification of Class A common stock subject to possible redemption	`InitialClassificationOfCommonStockSubjectToRedemption`	$1.91B	USD	3 Qtrs
Initial classification of Class A common stock subject to possible redemption	`InitialClassificationOfCommonStockSubjectToRedemption`	$1.91B	USD	2 Qtrs
Change in value of Class A common stock subject to possible redemption	`ChangeInValueOfCommonStockSubjectToRedemption`	$216.56M	USD	1 Quarter
Change in value of Class A common stock subject to possible redemption	`ChangeInValueOfCommonStockSubjectToRedemption`	$-61.30M	USD	3 Qtrs
Change in value of Class A common stock subject to possible redemption	`ChangeInValueOfCommonStockSubjectToRedemption`	$-52.14M	USD	2 Qtrs
Deferred underwriting fee payable	`LiabilitiesAssumed1`	$72.45M	USD	3 Qtrs

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Partners' Capital Account, Units, Sale of Units	`PartnersCapitalAccountUnitsSaleOfUnits`	207.00M	shares	3 Qtrs
Balance	`StockholdersEquity`	$-1.08B	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Issuance of Class B common stock	`StockIssuedDuringPeriodValueNewIssues`	$25.00K	USD	3 Qtrs
Sale of 207,000,000 Units, net of underwriting discounts and offering expenses	`StockIssuedSaleOfUnitsNetOfUnderwritingDiscountAndOfferingExpensesValue`	$1.92B	USD	3 Qtrs
Class A common stock subject to possible redemption	`SharesSubjectToPossibleRedemptionValue`	$216.56M	USD	1 Quarter
Class A common stock subject to possible redemption	`SharesSubjectToPossibleRedemptionValue`	$1.85B	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-54.30M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-63.47M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-871.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-54.30M	USD	2 Qtrs
Balance	`StockholdersEquity`	$-1.08B	USD	Point-in-time
Balance	`StockholdersEquity`	-	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Balance	`StockholdersEquity`	$5.00M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.