Lucid Motors and Churchill Capital IV (CCIV) have confirmed a merger deal to bring California-based electric vehicle company on the stock exchange Churchill Capital shares fell 27% after news broke Monday Night The stock’s after-hours performance is a turnaround from previous sessions when it rallied following reports of a deal making

Transaction values ​​Lucid at an initial pro-forma value of approximately $ 24 billion at the PIPE offer price of $ 1500 per share and will provide Lucid with approximately $ 4.4 billion in cash (assuming no existing CCIV shares are redeemed for cash on closing)

Speculation about a deal has been circulating for over a month In mid-February, shares of Churchill Capital IV, led by investment banker Michael Klein, jumped 30% following report signaling close deal on Monday, the stock gained double-digit percentages after a Bloomberg report said a deal could come as early as Tuesday

Electric vehicle maker backed by Saudi Arabia’s sovereign wealth fund A deal with Churchill Capital IV is one of the hottest EV SPAC deals since Nikola (NKLA) and Fisker (FSR) made their publicly debut last year

Lucid Motors has been closely watched since competing in the luxury electric sedan space Company CEO and CTO Peter Rawlinson was the Chief Engineer at Tesla (TSLA) for the Model S before joining Lucid Motors in 2013

Lucid Motors has set up its first US production facility in Casa Grande, Arizona The company aims to meet production targets for its most expensive vehicle, the Air Dream Edition this year

“I think it’s really important that we start at a high-end position as a true luxury brand. I firmly believe that the first product defines the brand in the way Tesla Model S defined Tesla as a brand, ”Rawlinson told Yahoo Finance in October last year.

In an email to Yahoo Finance on Monday before a deal was announced, Lucid’s official statement read, “Lucid Motors has always been clear on its intention to go public at some point in order to accelerate adoption and global availability of Lucid’s proprietary electric vehicles and sustainability technologies Currently, we continue to focus on bringing Lucid Air into production in the spring of this year, with strong support from key investors and our public investment fund partners”

Lucid has also confirmed that he will be opening a showroom in the trendy meat-packing district of New York City, a few blocks from Tesla’s showroom

Tesla analyst is bullish on what the company is doing with its high-priced stocks, raises its price target to $ 550

Job Seeker: Welfare Groups Say Fortnightly Rise of $ 50 Is ‘Heartless Betrayal’ Other Changes Include Increase in Amount Job Seekers Can Earn before it affects their payment and a return of mutual obligations Scott Morrison says removal of Covid supplement adds to base rate for job seekers as economy ‘shifts gears’ Photograph: William West / AFP via Getty Images

Hong Kong chief executive Carrie Lam endorsed Beijing’s plans to ensure that “patriots” rule the city, saying on Tuesday they were necessary to end hatred against China and maintain the One country, two systems governance model for the Asian financial hub His comments, made at a regular weekly press conference, come after a key Chinese cabinet member pointed out changes to Hong Kong’s electoral system that would further reduce the influence of the pro-democracy opposition in the city Xia Baolong, director of the State Council’s Hong Kong-Macao Affairs office, said Hong Kong can only be ruled by “patriots,” a term he says includes people who love China , its constitution and the Communist Party and excludes the anti-China “troublemakers”

No less than 19 Australian players are part of the IPL this year, including Steve Smith and Glenn Maxwell

ST LOUIS – Dustin Brown scored two goals and veteran Jonathan Quick stopped 30 shots in his 54th career shutout, lifting the Los Angeles Kings to a 3-0 win over the St Louis Blues on Monday night C ‘ was the second shutout this season for the 35-year-old Quick, who helped the Kings win two Stanley Cup championships in his career Gabriel Vilardi added a goal for the Kings, who have scored in each period and extended their winning streak to five games Brown closed the scoring with a goal in an empty net at 6:57 p.m. from third Vilardi pushed a loose puck so he fell out of the crease at 5:30 p.m. of the first period The power-play goal gave the Kings a 1-0 lead Los Angeles has scored 16 power-play goals this season in 17 games The only game of the Kings without a power play goal took place on January 16, against Minnesota The goal broke a streak for St. Louis The Blues’ penalty had been perfect in five consecutive games (10 for 10) before allowing the goal de Vilardi St Louis’ opponents scored first in 12 of the Blues’ 19 games A gift from Zach Sanford led to the Kings’ second goal Brown made a shrewd move to clear his way into the net and score an unassisted goal on a wrist shot that slipped by goalkeeper Jordan Binnington, giving the Kings a 2-0 lead at 18:54 of a second Binnington, who left the ice with 2:49 left, had won three straight wins over the Kings Binnington recorded 28 saves This was the third time St Louis has been ruled out this season COVID-19 UPDATE The Blues have announced Monday that LW Sammy Blais, 24, had a false positive, so he is off the NHL’s Covid-19 protocol list He was placed on the list on Saturday He was the first Blues player on the COVID list this year INJURIES St Louis D Carl Gunnarsson suffered a lower body injury as he fought for the puck along the boards behind the Blues’ net with 9:20 left in the second period He needed coaching help to get out of the ice and did not return Les Bleus remain sans F Jaden Schwartz (lower body) and D Colton Parayko (undisclosed) It was the fifth game Schwartz missed and the third for Parayko Kings F Jaret Anderson-Dolan (upper body) and F Martin Frk (lower body) were out GAME MILESTONE Brown played his 1,200th career regular-season game, joining five other active players who reached the plateau He became the 14th American to reach 1,200 games , and the only active to do so.In his 1,200 games, all with the Kings, Brown totaled 669 points and set the Kings franchise record in games played ROSTER UPDATE Los Angeles D Sean Walker was activated since the injured reserve Walker took a gi fle to the face in January and missed eight games D Austin Strand was assigned to the taxi team MORNING SKATE RW Vladimir Tarasenko (shoulder) was on the ice again Monday for morning skating He was beginning his prep work in sight of potential return in the not too distant future Taraskenko is still recovering from an operation he had five months ago on his left shoulder, his third operation there and the second since October 27, 2019 Blues C Tyler Bozak, who hasn’t played since suffered a big hit from Mark Stone on Jan. 26, was also on the ice Monday morning RETRO UNIFORMS The Blues wore their retro red uniforms inverted for the second and last time this season It marked another four-uniform streak in four games for the Blues They wore their road jerseys on Feb. 15 in Arizona, their regular home jerseys on Thursday, their heritage blues on Saturday and the retro blues on Monday The Blues, in their red look, meant the Kings faced teams wearing their reverse retro jerseys in back-to-back games The Coyotes wore their purple concept on Saturday, the first time an opponent wore their Reverse Retro sweaters against the Kings NEXT The Blues and Kings replay Wednesday night at the Enterprise Center ___ More AP NHL coverage: https: // apnewscom / hub / NHL: // apnewscom / hub / NHL Warren Mayes, The Associated Press

NEW ORLEANS, Feb 22, 2021 (GLOBE NEWSWIRE) – ClaimsFiler, a FREE shareholder information service, reminds investors of the pending deadlines in the following class actions: iRhythm Technologies (IRTC) Appeal period: 8/4/2020 – 1 / 28/2021 Motion Deadline: April 2, 2021 SECURITY FRAUD For more information, visit https: // wwwclaimscom / cas / view-irhythm-technologies-inc-securities litigation Clover Health Investments, Corp f / k / a Social Capital Hedosophia Holdings Corp III (CLOV, CLOVW, IPOC) Course period: 10/6/2020 – 2/4/2021 and / or as part of the December 2020 merger of Clover and Social Capital III Deadline for application Principal Applicant: April 6, 2021 SECURITY FRAUD, Misleading PERSPECTIVES To learn more, visit https: // wwwclaimscom / cases / view-clover-health-investments-corp -urities-litigation EHang Holdings Limited (EH) Class Period : 12/12/2019 – 02/16/2021 (and February 16, 2021, unique ment for those who bought shares equal to or greater than the price of $ 112.00) Deadline for Principal Plaintiff’s Request: April 19, 2021 SECURITY FRAUD For more information, visit https: // wwwclaimscom / cas / view-ehang- holdings-limited-american-Depositary-Shares-Securities-litigation fuboTV Inc (FUBO) Course period: 03/23/2020 – 1/4/2021 Deadline for principal applicant’s request: April 19, 2021 SECURITY FRAUD For to find out more, visit https: // wwwclaimscom / cases / view-fubotv-inc-content-litigation If you have purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you can, without obligation or expense to you, contact us toll-free (844) 367-9658 or visit the case links above If you wish to act as the principal plaintiff in the class action, you must enter the Court no later than the deadline for re principal applicant quest About ClaimsFiler ClaimsFiler has one mission: To serve as an information source to help retail investors reclaim their share of billions of dollars through securities class action settlements At ClaimsFilercom, investors can: (1) register for free to access settlement information and websites for various securities class action cases so that they can submit their own claims in a timely manner; (2) download transactional data from their portfolio to be informed of relevant securities cases in which they may have a financial interest; and (3) submit your claims to law firm Kahn Swick & Foti, LLC for free case evaluations To learn more about ClaimsFiler, visit www.claimscom

NEW ORLEANS, Feb 22, 2021 (GLOBE NEWSWIRE) – ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class actions: SolarWinds Corporation (SWI) Recourse period: 10/18 / 2018 – 12/17/2020 Motion deadline: March 5, 2021 SECURITY FRAUD For more information, visit https: // wwwreclamationscom / cases / view-solarwinds-corporation-titres-litigation QuantumScape Corporation (QS) Recourse Period : 11/27/2020 – 12/31/2020 Lead Applicant Application Deadline: March 8, 2021 SECURITY FRAUD For more information, visit https: // wwwclaimscom / business / vue-quantumscape-corporation-litigation en values mobilières Penumbra, Inc (PEN) Course period: 08/03/2020 – 12/15/2020 Principal applicant application deadline: March 16, 2021 SECURITY FRAUD For more information, visit https: // wwwreclamationscom / cases / view-penumbra-inc-content-litige Si vou s purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you can, at no obligation or cost to you, contact us toll free (844) 367-9658 or visit the case links above If you wish to act as the principal plaintiff in the class action, you must go to court no later than the deadline for the principal plaintiff’s claim About ClaimsFiler ClaimsFiler has one mission: To serve as an information source to help retail investors reclaim their share of billions of dollars through securities class action settlements At ClaimsFilercom, investors can: (1) register for free to access settlement information and websites for various securities class action cases so that they can submit their own claims in a timely manner; (2) download transactional data from their portfolio to be informed of relevant securities cases in which they may have a financial interest; and (3) submit your claims to law firm Kahn Swick & Foti, LLC for free case evaluations To learn more about ClaimsFiler, visit www.claimscom

A fluffy wombat led the way on a morning hike in Cradle Mountain, Australia, Tasmania, Feb. 7Piotr Babis filmed a video that shows a wombat waddling along a boardwalk before setting off stopping to scratch your body The marsupial doesn’t seem bothered by human interaction Credit: Piotr Babis via Storyful

Heritage-Crystal Clean, Inc (Nasdaq: HCCI) expects to release financial results for the fourth quarter of 2020 and for the full year, which ended on January 2, 2021, after market close on Monday, January 1 March 2021

The latest COVID-19 immunization figures in Canada at 10:30 a.m. ET on Monday February 22, 2021 In Canada, provinces report 61,733 new vaccinations administered for a total of 1,554,003 doses administered Provinces administered doses at a rate of 410,035 per 100,000 No new vaccines have been delivered to provinces and territories for a total of 1,851,710 doses delivered to date Provinces and territories have used 8,392% of their stock of available vaccine Please note that Earth- Newfoundland, PEje, Nova Scotia, New Brunswick and the territories generally do not report on a daily basis Newfoundland has reported 1,771 new vaccines administered in the past seven days for a total of 16,458 doses administered The province administered doses at a rate of 31,431 per 1000 No new vaccine has been delivered to Newfoundland for a total of 24,460 doses delivered to date The province has received sufficient vaccine to give 47% of its population a single dose The province has used 6729% of its stock of available vaccines I report 1552 new vaccines administered in the past seven days for a total of 10,691 doses administered The province has administered doses at a rate of 67,396 per 1000 No new vaccine has been delivered to PEje for a total of 13,045 doses delivered to date The province has received enough vaccine to give 82% of its population a single dose The province has used 8,195% of its vaccine stock available Nova Scotia reports 5,178 new vaccines administered in the past seven days for a total of 27,521 doses administered The province administered doses at a rate of 28,201 per 1000 No new vaccines were delivered in Nova Scotia for a total of 47,280 doses delivered to date The province has received enough vaccine to provide 48% of its population with a single dose The province has used 5821% of its available vaccine stock ibles New Brunswick reports 7,674 new vaccines administered in the past seven days for a total of 26,317 doses administered The province administered doses at a rate of 33,738 per 1,000 No new vaccines have been delivered to New Brunswick for a total of 35,015 doses delivered to date The province has received enough vaccine to give 45% of its population a single dose The province has used 7516% of its stock of available vaccines Quebec announces 8,994 new vaccinations administered for a total of 353,894 doses administered The province administered doses at a rate of 41,359 per 1000 No new vaccine has been delivered to Quebec for a total of 401,685 doses delivered to date The province has received enough vaccine to give 47% of its population a single dose Province used 881% of its available vaccine stock Ontario reports 12,922 new vaccines administered for a total of 569,455 doses administered Province administered Doses at a rate of 38,767 per 1000 No new vaccine has been delivered to Ontario for a total of 683,255 doses delivered to date The province has received enough vaccine to give 47% of its population a single dose The province used 8334% of its available vaccine stock Manitoba reports 939 new vaccines administered for a total of 62365 doses administered Province administered doses at a rate of 4529 per 1000 No new vaccines were delivered to Manitoba for a total of 84,810 doses delivered to date The province has received enough vaccine to give 62% of its population a single dose The province has used 7353% of its stock of available vaccines Saskatchewan reports 987 new vaccines administered for a total of 61,730 doses administered The province administered doses at a rate of 52,351 per 1,000 No new vaccines were delivered to Saskatchewan for a total of 59,395 doses delivered to date The province has received sufficient e vaccine to give 50% of its population a single dose The province used 1039% of its stock of available vaccines Alberta reports 4098 new vaccines administered for a total of 173,539 doses administered The province administered doses at a rate of 39,422 per 1000 No new vaccine has been delivered to Alberta for a total of 205,875 doses delivered to date The province has received enough vaccine to give 47% of its population a single dose The province has used 8429% of its stock vaccines available British Columbia reports 25,784 new vaccines administered for a total of 218,726 doses administered The province administered doses at a rate of 42,624 per 1000 No new vaccines were delivered to British Columbia for a total of 243,490 doses delivered to date Province has received enough vaccine to provide 47% of its population with a single dose Province has used 8983% of its stock of available vaccine Yukon reports 323 new vaccines administered for a total of 12,173 doses administered The territory administered doses at a rate of 291,702 per 1000 No new vaccines were delivered to the Yukon for a total of 18,900 doses delivered to date The territory received sufficient vaccine to administer a single dose to 45% of its population The territory has used 6441% of its stock of available vaccines The Northwest Territories does not report any new vaccinations administered for a total of 14,157 doses administered The territory has administered doses at the rate of 31,377 per 1000 No new vaccine has been delivered to the Northwest Territories for a total of 19,100 doses delivered to date The territory has received enough vaccine to deliver a single dose to 42% of its population The territory has used 7412 % of its vaccine stock available Nunavut reports 62 new vaccinations administered for a total of 6,977 doses administered The territory administered doses at ra ison of 180 163 per 1000 No new vaccine has been delivered to Nunavut for a total of 15,400 doses delivered to date The territory has received enough vaccine to deliver a single dose to 40% of its population The territory has used 4531% of its vaccine stock available * Data Notes: Figures are compiled by the COVID-19 Open Data Working Group based on the latest publicly available data and are subject to change Note that some provinces report weekly , while others report same-day or yesterday’s numbers Vaccine doses given do not equal the number of people inoculated because approved vaccines require two doses per person Vaccines are currently not given to children under 18 years of age and those with certain medical conditions In some cases, the number of doses given may appear to exceed the number of doses given because some provinces levied additional doses per vial This report was automatically generated by the Canadian Press digital data bureau and was first published on February 22, 2021 The Canadian Press

US National Transportation Safety Board (NTSB) Chairman Robert Sumwalt said on Monday that damage to a fan blade from a Pratt & Whitney engine that failed in a United Boeing 777-200 Airlines is compatible with metal fatigue, according to preliminary assessment At a press briefing, Sumwalt said it was not clear whether Saturday’s PW4000 engine failure with a “loud bang” four minutes after the take-off was consistent with another engine failure on another United flight to Hawaii in February 2018, attributed to fatigue fracture in a fan blade

NEW YORK – Pitcher Taijuan Walker is guaranteed $ 23 million over three seasons in his contract with the New York Mets, would get $ 25 million if he throws at least 175 innings in 2022 Outfielder Kevin Pillar is guaranteed $ 5 million under his contract, which includes player and team options for 2022 Walker receives a signing bonus of $ 2 million payable April 1 and salaries of $ 8 million this season and $ 7 million in 2022 as part of the deal announced on Saturday Its deal includes a $ 6 million player option for 2023 with a $ 3 million buyout, and the option price may rise up to 8 dollars5 million on the basis of rounds in 2022: $ 250,000 each for 125 and 135 and $ 500,000 each for 145, 155, 165 and 175 He would receive a one-time assignment bonus in the event of a trade, payable by the team Purchaser Walker also has bonuses of $ 50,000 each for All-Star, Gold Glove, Silver Slugger or League Championship Series MVP and $ 100,000 for the World Series MVP He would get $ 50,000 for winning a Cy Young award, $ 25,000 for finishing second in the vote and $ 10,000 for third Walker, 28, joins a rotation led by two-time Cy Young Award winner Jacob deGrom New York’s need for a pitcher has grown with the loss of Seth Lugo, who will miss the start of season after elbow surgery on Tuesday to remove bone spur New owner Steven Cohen has shown a willingness to spend, retaining Marcus Stroman with $ 18 € 9million qualifying offer and acquisition of Carlos Carrasco of Cleveland as part of an ec hange with All-Star shortstop Francisco Lindor for a spin which is also expected to include David Peterson Walker has a five-length repertoire with a 93 mph fastball mixed between sliders, split finger fastballs, sinkers and curved balls He had 4-3 with a 270 ERA in 11 starts during the shortened pandemic season for Seattle and Toronto, which acquired him Aug. 27 for a nominee, turned outfielder prospect Alberto Rodriguez He earned $ 740,741 in prorated salary on a salary of $ 2 million last year and $ 374,620 in bonuses earned for $ 1,115,361 in total income Pillar receives $ 3.6 million in salary this year, and deal includes $ 2 9 million player option for 2022 with no buyback If Pillar declines the option, the Mets would have a $ 6 million team option with $ 1 4 million redemptions The 32-year-old mainstay provides a proven center-back and experienced right-handed hitter to the potential field with Brandon Nimmo New York’s three expected regulars in the outfield left-handed bat: Nimmo, right fielder Michael Conforto and outfielder left Dominic Smith Pillar joins Albert Almora Jr as options for righties on the bench or in part-time roles Pillar parted ways last season between Boston and Colorado, hitting a 288 combined with six homers and 26 RBIs in 54 games He hit 342 with a 969 OPS against left-handed pitching The solid Pillar spent over six years with Toronto and also played for San Francisco during his eight-year batting career, 262 with 82 home runs, 88 stolen bases and a 299 base percentage He is a 286 career hitter with a 784 OPS against lefties and was a Golden Glove finalist each season from 2015 to 17 Heredia played for New York and Pittsburgh last season, hitting 212 with two home runs and five RBIs in 15 games Pillar earned $ 1,574,074 in prorated wages over $ 425 million in wages last year ___ More AP MLB: https: // apnewscom / hub / MLB and https: // twittercom / AP_Sports The Associated Press

The company is facing 25,000 lawsuits from former users of its baby powder who say the asbestos-containing talc in the product has caused their cancers, she said in a filing. headlines https: // johnsonandjohnsongcs-webcom / static-files / e2a329b4-aeb6-438d-a449-f0e282cf8ee0 Monday The figure is almost double the $ 2 billion the New Brunswick, New Jersey-based company has said in November she would set aside Johnson talc verdicts & Johnson has come under scrutiny for the safety of her baby powder following a 2018 Reuters report https://wwwreuterscom/ investigates / special-report / johnsonandjohnson-cancer who discovered that he had known for decades asbestos in talc

The House of Commons passed a motion declaring China’s treatment of its Uyghur minority genocide, but members of the Liberal cabinet and the prime minister skipped the vote as the government tries to balance its support global human rights with their struggle to manage relations with China

The new restaurant will serve traditional cuisine based on the Cuban and Peruvian neighborhoods of Miami, Tampa and Orlando

Former Indian left-arm coach Ashish Nehra says England have enough in their fast-paced bowling arsenal to match India

(Peel Regional Police – image credit) A Canada-wide arrest warrant was issued for a wanted man in a triple shootout at a Brampton cemetery last summer Monday , police issued arrest warrant for Pedram Rabie, 31, of Thornhill, Ont. Police were called to the Chinguacousy Road and Bovaird Drive area around 3:45 p.m.m on August 31, 2020, for reporting from a shoot Three men were injured, two seriously, after what appeared to be a targeted shooting at the Brampton funeral home and cemetery, Peel Regional Police told the time Police said a caller reported seeing around seven people shooting at each other in the cemetery. Bullets from the shooting hit four vehicles within the cemetery grounds, a nearby school and a residence, police said in a report. Press release Rabie faces eight counts, including two of attempted murder, one for possession of a firearm contrary to the order, and one for possession of a prohibited weapon Police ask anyone with information of contact investigators at 905-453-2121 ext 2233 or Crime Stoppers anonymously at 1-800-222-8477

The white voice actor who played the character of Dr. Hibbert in The Simpsons for over 30 years was replaced by a black performer Harry Shearer first portrayed the giggling medical professional – who is black – in 1990 His last episode as a character aired in the US this week Shearer was replaced by Kevin Michael Richardson, Fox Network said, and the actor will debut in the next season 32 episode Wad Goals Richardson is best known for his work on animated shows Family Guy, The Cleveland Show, and American Dad Fox announced in June of last year that longtime comedy The Simpsons would no longer feature white actors voicing non whites This announcement was made amid the cultural account that swept away much of the entertainment following the death of George Floyd The Simpsons, which has been on the air since 1989, had previously been criticized for having Hank Azaria, who is white, voicing Indian trader Apu Azaria confirmed in January last year that he would no longer play the role, after years controversy Other animated shows also made headlines for pitching white performers to non-white characters Mike Henry, a white actor, had lent his voice to Family Guy character Cleveland Brown since 1999 He announced the last year he stepped down Frozen star Kristen Bell revealed that she would no longer lend her voice to a non-white character in Apple TV comedy Central Park And actress Jenny Slate has stopped voicing a black character in the Big Mouth animated series, claiming that its role was “to engage in an act of erasing black people”

Travelers entering Canada by plane must now arrange a three-day hotel stay to await the result of a COVID-19 test, but there is frustration over the varying costs and how to book a room

CCIV), CCIV, Lucid Motors

World News – CA – CCIV stocks 27% after Lucid Motors confirms SPAC agreement

Source: https://ca.yahoo.com/finance/news/cciv-stock-tanks-27-after-lucid-motors-confirms-spac-deal-010054328.html