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EV maker Lucid surges on $1B lifeline from Saudi investor

Ayar Third Investment Co. financing is in the form of a private placement for convertible preferred stock

byBloomberg News

March 25, 2024

in Capital & Funding

Reading Time: 2 mins read

Lendbuzz scores forward flow arrangement with alternative asset manager

The front badge on an Aston Martin DBX sport utility vehicle (SUV) at the Aston Martin Lagonda Global Holdings Plc factory in St Athan, UK, on Thursday, March 23, 2023. Aston surged after the loss-making manufacturer said itll boost deliveries of lucrative models like the £190,000 ($229,349) DBX707 sport utility vehicle. Photographer: Chris Ratcliffe/Bloomberg

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EV maker Lucid surges on $1B lifeline from Saudi investor

Ayar Third Investment Co. financing is in the form of a private placement for convertible preferred stock

Lendbuzz scores forward flow arrangement with alternative asset manager

Fisker negotiations with OEM end

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