The U.S. securities regulator has asked Lucid Group Inc for documents related to an investigation into its blank-check deal, joining a growing list of companies that have come under scrutiny for their merger with shell companies.
A logo on a Lucid Air Dream Edition vehicle is seen outside the Nasdaq MarketSite in New York City, New York, U.S., July 26, 2021. REUTERS/Andrew Kelly/Filefor documents related to an investigation into its blank-check deal, joining a growing list of companies that have come under scrutiny for their merger with shell companies.
Shares of the luxury electric-car maker fell about 14% in pre-market trading on Monday after disclosing that it had received a subpoena from the U.S. Securities and Exchange Commission on Dec. 3. "The investigation appears to concern the business combination between the Company and Atieva Inc and certain projections and statements," Lucid said in a regulatory
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Electric-car maker Lucid receives subpoena from SECLucid Group Inc has received a subpoena from the U.S. Securities and Exchange Commission seeking documents related to an investigation on its blank-check deal, the Luxury electric-car maker said on Monday, sending its shares down about 15%.
Les mer »
Electric-car maker Lucid receives subpoena from SECLucid Group Inc has received a subpoena from the U.S. Securities and Exchange Commission seeking documents related to an investigation on its blank-check deal, the Luxury electric-car maker said on Monday, sending its shares down about 15%.
Les mer »
Blake Shelton Is Getting Backlash for His New Song 'Minimum Wage' Being Super InconsiderateBlake Shelton is getting a ton of backlash for his new song 'Minimum Wage' — check out the tweets calling him inconsiderate here.
Les mer »
Trump social media group raises $1 billion from undisclosed investorsDonald Trump's social media startup on Saturday announced that it secured $1 billion in new investment as part of its ongoing efforts to become publicly traded via a blank check company. Between the lines: None of the investors were identified, which is highly unusual for this sort of transaction. Get market news worthy of your time with Axios Markets. Subscribe for free.Details: This is a so-called PIPE investment at around $34.36 per share.That's a 20% discount to the SPAC's 5-day trading aver
Les mer »
More EVs are coming. Where's the infrastructure to support them?Charging an electric vehicle is simple and painless—if you have a charger installed at home.
Les mer »