Ayar Third Investment Company in Lucid Group, Inc.
Completed. First disclosed July 27, 2021, in a Schedule 13D (source).
- Investor
- Ayar Third Investment Company (Saudi Arabia)
- Parent
- Public Investment Fund
- Target
- Lucid Group, Inc. (EDGAR CIK 1811210)
- Target country
- United States
- Sector
- Automotive (SIC 3711)
- First disclosed
- July 27, 2021, Schedule 13D
- Amount
- Not stated
- Stake at first disclosure
- 62.7%
- Latest stated stake
- 56.69% (April 30, 2026)
Source Filings and Releases
| Date | Document | Stated stake | Link |
|---|---|---|---|
| July 27, 2021 | Schedule 13D | 62.7% | View |
| July 27, 2021 | Form 3 | Not applicable | View |
| July 27, 2021 | Form 4 | Not applicable | View |
| November 15, 2022 | Schedule 13D/A | 60.4% | View |
| December 27, 2022 | Form 4 | Not applicable | View |
| December 28, 2022 | Schedule 13D/A | 60.66% | View |
| June 26, 2023 | Form 4 | Not applicable | View |
| June 26, 2023 | Schedule 13D/A | 60.49% | View |
| April 2, 2024 | Schedule 13D/A | 63.95% | View |
| April 2, 2024 | Form 4 | Not applicable | View |
| August 20, 2024 | Form 4 | Not applicable | View |
| August 20, 2024 | Schedule 13D/A | 65.97% | View |
| November 4, 2024 | Form 4 | Not applicable | View |
| November 4, 2024 | Schedule 13D/A | 64.31% | View |
| April 10, 2025 | Form 4 | Not applicable | View |
| April 10, 2025 | Schedule 13D/A | 63.61% | View |
| November 28, 2025 | Schedule 13D/A | 60.56% | View |
| December 15, 2025 | Form 4 | Not applicable | View |
| April 30, 2026 | Schedule 13D/A | 56.69% | View |
| April 30, 2026 | Form 4 | Not applicable | View |
Cite: Middle East Forum, “Ayar Third Investment Company in Lucid Group, Inc.,” Gulf Sovereign Holdings, accessed October 13, 2026, https://statemoney.meforum.org/deal/ayar-lucid-group-inc-1811210/.
Gulf money also reaches U.S. universities and lobbyists: the Influence Tracker holds Section 117 gift and contract disclosures and FARA registrations, and the Campus Watch Map places that funding on specific campuses.