Tuesday, July 20, 2021

Data Technical News #2021 - 29
Lucid Group, Inc. to Begin Listing and Trading on Nasdaq on July 26, 2021

Markets Impacted:

Products Impacted:

  • All Nasdaq and UTP Data Feeds

Contact Information:

Resources:

What you need to know:

On July 26, 2021, Churchill Capital Corp IV, common stock (NYSE: CCIV) and warrants (NYSE: CCIV.WS) will be listed and begin trading as Lucid Group, Inc. on the Nasdaq Global Select Market under the ticker symbol LCID.

The warrants will trade under the new ticker symbol LCIDW.

Nasdaq requests that market data redistributors maintain historical data for CCIV and CCIV.WS prior to transfer date.


What are the issue details for the new Nasdaq listing?

The issue mapping for Churchill Capital Corp IV is as follows:

Issue Name through July 23, 2021 Issue Name as of July 26, 2021 NYSE Ticker/CUSIP through July 23, 2021 Nasdaq Ticker as of July 26, 2021 Nasdaq Market Category Round Lot Size
Churchill Capital Corp IV Lucid Group, Inc. CCIV – Ordinary Shares 171439102


CCIV.WS – Warrants 171439110

LCID – Ordinary Shares 549498 103


LCIDW – Warrants 549498 111

Nasdaq Global Select Market Common: 100


Warrant: 100


What database changes do Nasdaq market data redistributors need to make to accommodate the new listing?

Nasdaq asks that all market data redistributors update their database to reflect the new listing market for Churchill Capital Corp IV after market close on Friday, July 23, 2021. Nasdaq requests that market data redistributors retain historical data for CCIV AND CCIV.WS.

When the issue moves from NYSE to Nasdaq, firms will see a change in the consolidated data source for Churchill Capital Corp IV. Please note that the consolidated market data for all Nasdaq-listed issues is disseminated via the UTP Quotation Data Feed (UQDF) and UTP Trade Data Feed (UTDF). Firms will begin to see quotation and trade data for Lucid Group, Inc. on UQDF and UTDF beginning in the pre-market trading hours on Monday, July 26, 2021.

For firms that report end-usage numbers by the query, Nasdaq reminds them that the Level 1, Nasdaq Basic and Nasdaq Last Sale (NLS) counts should include quote and trade queries for Lucid Group, inc. (LCID/LCIDW) beginning on Monday, July 26, 2021.

Contact Information

If you have questions about Churchill Capital Corp IV, please contact:

  • Jack Cassel, Vice President, Nasdaq at +1 415-619-4124
  • Jay Taragin, CFO, M. Klein & Company at +1 212-632-3764 (Churchill Capital Corp IV)

If you would like to register as a market maker in LCID or LCIDW please contact:



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