Lucid Group Inc. - 美股招股说明书（2026年4月14日版）

Lucid Group, Inc. Common Stock We are offering 36,057,692 shares of our ClassA common stock, par value $0.0001 per share(“common stock”). Our common stock is listed on the Nasdaq Global Select Market (“Nasdaq”) under the symbol “LCID.”On April13, 2026, the last reported sale price of our common stock was $9.24 per share. The underwriter has agreed to purchase the shares of common stock from us at a price of $8.112 pershare, which will result in approximately $291.5 million of net proceeds to us, after estimated expenses. The underwriter may offer the shares of common stock from time to time for sale in one or moretransactions on the Nasdaq, in the over-the-counter market, through negotiated transactions or otherwise atmarket prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiatedprices. The underwriter may effect such transactions by selling shares of common stock to or through Delivery of the shares of our common stock will be made on or about April15, 2026. Investing in our common stock involves certain risks. You should review carefully the risks anduncertainties described under the heading “Risk Factors” beginning on pageS-9of this prospectus supplement Neither the Securities and Exchange Commission (the “SEC”) nor any state securities commission hasapproved or disapproved of these securities or determined if this prospectus supplement or the BofA Securities TABLE OF CONTENTS ABOUT THIS PROSPECTUS SUPPLEMENT This document contains two parts. The first part is this prospectus supplement, which describes thespecific terms of this offering and also supplements and updates information contained in the accompanyingprospectus and the documents incorporated by reference into this prospectus supplement and the You should read both this prospectus supplement and the accompanying prospectus, together withadditional information described under the heading “Where You Can Find More Information” in this If the information set forth in this prospectus supplement differs from the information set forth in theaccompanying prospectus or the information contained in any document incorporated by reference herein or Neither we nor the underwriter have authorized anyone to provide you with information that is inaddition to or different from the information included or incorporated by reference into this prospectus You should not assume that the information in this prospectus supplement, the accompanyingprospectus or any documents incorporated by reference is accurate as of any date other than the date of theapplicable document. Since the respective dates of this prospectus supplement, the accompanying TRADEMARKS, SERVICE MARKS AND TRADE NAMES We own or have rights to various trademarks, service marks and trade names that we use in connectionwith the operation of our business. This prospectus supplement may also contain trademarks, service marksand trade names of third parties, which are the property of their respective owners. Our use or display ofthird parties’ trademarks, service marks or trade names in this prospectus supplement is not intended to, and does not imply, a relationship with or endorsement or sponsorship by us. Solely for convenience, thetrademarks, service marks and trade names referred to in this prospectus supplement may appear without the , ™ orsymbols, but such references are not intended to indicate, in any way, that we will not assert, tothe fullest extent permitted under applicable law, our rights or the rights of the applicable licensor to such®SM WHERE YOU CAN FIND MORE INFORMATION We have filed with the SEC a registration statement on Form S-3 under the Securities Act of 1933, asamended (the “Securities Act”) relating to the common stock offered by this prospectus supplement. Thisprospectus supplement and the accompanying prospectus are a part of that registration statement, which The SEC allows us to incorporate by reference information in this document. This means that we candisclose important information to you by referring you to another document filed separately with the SEC.The information incorporated by reference is considered to be part of this document, except for any We are incorporating by reference the filings listed below and any additional documents that we mayfile with the SEC pursuant to Section13(a), 13(c), 14 or 15(d) of the Securities Exchange Act of 1934, asamended (the “Exchange Act”), on or after the date hereof and prior to the termination of this offering •our Annual Report on Form 10-K for the fiscal year ended December31, 2025, filed with the SEC onFebruary24, 2026; information specifically incorporated by reference intoour Annual Report on Form 10-K for thefiscal year ended December31, 2024from ourDefinitive Proxy Statement on Schedule14A filed our Current Reports on Form 8-K, filed with the SEC onJanuary23, 2026,February24, 2026(onlywith respect to Item2.05 and 8.01 therein and the related exhibits