@alexcutler247 I think you owe it to your followers to walk down the lucid valuation based on the CCIV price.
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if someone tells you to go jump off a bridge, you're not going to do it. You're going to think about it before anything. Same scenario, if you hear people's enthusiasm about an opportunity, hopefully you're smart enough to assess if its a good idea or not. You make that decision.
Maybe you can walk through the valuation based on current CCIV price.
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HOW'S THIS: $1.6B pro forma shares x $10 deal value = $16B market cap $11.75B EV implies $4.25B net cash at close of deal ($2.07B from CCIV & $2.5B PIPE, minus fees) The PIPE is at $15 or 1.5x market cap at $10 a share ($16B) Therefore PIPE is at $16B x 1.5 = $24B
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So based in this, what does a cciv share price of 45.00 value lucid at.
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