Lucid Group (LCID) receives subpoena from the SEC requesting production of certain documents

December 6, 2021 6:10 AM EST
Get Alerts LCID Hot Sheet
Price: $27.15 -5.4%

Overall Analyst Rating:
    NEUTRAL (= Flat)

Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Lucid Group (NASDAQ: LCID) disclosed:

On December 3, 2021, Lucid Group, Inc. (the “Company”) received a subpoena from the Securities and Exchange Commission (the “SEC”) requesting the production of certain documents related to an investigation by the SEC. Although there is no assurance as to the scope or outcome of this matter, the investigation appears to concern the business combination between the Company (f/k/a Churchill Capital Corp. IV) and Atieva, Inc. and certain projections and statements. The Company is cooperating fully with the SEC in its review.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Hot Corp. News, Litigation

Related Entities

Churchill Financial Group