BRIEF-Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation

Reuters

04-11

BRIEF-Lucid To Acquire Select Facilities And Assets Previously Belonging To <a href="https://laohu8.com/S/NKLAQ">Nikola Corporation</a>

April 11 (Reuters) - Lucid Group Inc LCID.O:

LUCID TO ACQUIRE SELECT FACILITIES AND ASSETS PREVIOUSLY BELONGING TO NIKOLA CORPORATION, WILL EXTEND OFFERS TO 300+ FORMER NIKOLA EMPLOYEES
LUCID GROUP INC - TO OFFER EMPLOYMENT TO 300+ FORMER NIKOLA EMPLOYEES
LUCID GROUP INC - TO TAKE OVER NIKOLA'S COOLIDGE AND PHOENIX FACILITIES
LUCID GROUP - DEAL EXCLUDES NIKOLA'S BUSINESS, CUSTOMER BASE, AND TECHNOLOGY RELATED TO NIKOLA'S HYDROGEN FUEL CELL ELECTRIC TRUCKS.

Source text: ID:nPnbkL586a

Further company coverage: LCID.O

((Reuters.Briefs@thomsonreuters.com;))

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