Sep. 28 at 2:21 PM
$MIND Lucid didn't sign a contract with the intent to "not do anything" related to the following;
lucid Partners Transaction (MIND)
$25,000,000
September 2025
ATM Offering
Share Buyback
$4,000,000
Sole Placement Agent
Something will eventually (sooner rather than later) happen with these two options else, Lucid doesn't get paid commissions or fees. Also the common link between Lucid and MIND which is Peter H Blum he hold in excess of >160k shares common in MIND and is the chair and vice chair at both companies. He and Capps are near or over 70 yrs so they want their payday. It's all about timing, waiting and watching for any strategic move by this partnership of Lucid and MIND. It's a business transaction in which an action needs to occur else it wouldn't have been transacted in the first place.
Lastly the two
$5 million orders have about 5 weeks to get communicated to shareholders as that's all of the time remaining in the current 3rd quarter. So (?)....
