Lucid Group, Inc. 8-K

What Happened

• Lucid Group, Inc. filed a Form 8-K on July 6, 2026 (Item 2.03) announcing it drew $800 million under its Delayed Draw Term Loan (DDTL) facilities. The loan was made pursuant to the existing agreement with Ayar Third Investment Company, an affiliate of the Public Investment Fund. Key terms of the DDTL are incorporated by reference from Lucid’s prior 8-Ks dated August 5, 2024; November 5, 2025; and April 14, 2026. The report was signed by CEO Silvio Napoli.

Key Details

• Date of draw: July 6, 2026.
• Amount drawn: $800 million under the DDTL facilities.
• Lender/affiliate: Ayar Third Investment Company (affiliate of the Public Investment Fund).
• Terms: Key DDTL terms are incorporated by reference from prior 8-K filings on Aug 5, 2024; Nov 5, 2025; and Apr 14, 2026.

Why It Matters

• This filing records a new direct financial obligation of $800 million on Lucid’s balance sheet and provides the company with additional capital. For investors, the draw affects Lucid’s debt levels and liquidity position; review the company’s balance sheet, debt schedule and prior 8-K disclosures for the full loan terms (interest, maturity, covenants) incorporated by reference.