July 23, 2021
Weil advised Churchill Capital Corp IV, a special purpose acquisition company, in its $11.75 billion merger with Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury electric vehicles. This transaction included the largest ever SPAC-related common stock PIPE to date. The transaction closed on July 23, 2021.
The Weil team that advised Churchill Capital Corp IV was led by Mergers & Acquisitions partners Michael J. Aiello and Matthew Gilroy and included Mergers and Acquisitions associates Damian Petrovic, Nate Trunnell, Chelsea Berry, Michael Block, Ting Liu and Dorothy Coco. The team also included Tax Head Joe Pari; International Tax Head Devon Bodoh; Tax associate Alfonso Dulcey; Executive Compensation and Benefits Head Paul Wessel; Executive Compensation and Benefits associate Joshua Ehrhart (Not Yet Admitted in New York); Public Company Advisory Group partner Adé Heyliger; Technology & IP Transactions Head Michael Epstein; Technology & IP Transactions/Privacy counsel Olivia Greer and Dennis Adams; Technology & IP Transactions/Privacy associates Maryann Thompson and Amanda DeMasi (Not Yet Admitted in New York); Environmental Head Annemargaret Connolly; Antitrust counsel Michael Naughton; Real Estate partner David Herman; Real Estate counsel Jannelle Seales; and Real Estate associates Derek Namerow, Lauren Burgos and Asher Witty (Not Yet Admitted in New York).