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No, the shares of CCIV were valued by Lucid at their approximate market price, not the NAV.
by eigenvalue 6y ago
No, the shares of CCIV were valued by Lucid at their approximate market price, not the NAV.
- zamfi 6y agoWhy would this be the case? The money they're getting is coming from CCIV's assets (which don't change based on the market price) and the new PIPE.