Dear Clients,
We would like to inform you about upcoming changes to the parameters of the #LCID trading instrument due to consolidation of Lucid Group (LCID) shares.
Lucid Group Inc. announced a 1-for-10 reverse stock split for #LCID, scheduled for September 2, 2025, after the market opens.
As a result of the reverse split, every 10 shares will be consolidated into 1 share, leading to a proportional increase in the price per share and a reduction in the total number of shares outstanding.
In this regard, the price of #LCID shares at the time of the split will be increased 10-fold, in proportion to the consolidation.
If you have open positions on #LCID, please consider the following:
- The volume of open positions at the time of the split will be reduced by 10 times proportionally to the consolidation.
- The market entry price for open trades will be increased by 10 times at the time of the split, in proportion to the share consolidation.
- Stop Loss / Take Profit orders for open positions will be removed at the time of the split.
- All pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop, Buy Stop Limit, and Sell Stop Limit) will be removed at the time of the split.
- Current open positions can be closed as usual without any additional restrictions.
#LCID stocks with new parameters will be available for trading starting from September 2, 2025, at the market opening.
Please take this information into consideration when making trading decisions and readjust your Expert Advisors if necessary.
This information is for guidance purposes. Please check this announcement on our website to be informed about other possible additions and/or changes.
If you have any questions, please contact LiteFinance's client support via LiveChat.
Yours faithfully,
LiteFinance team
