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Lucid 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 EV maker said on Monday. "The investigation appears to concern the business combination between the Company (Churchill Capital Corp. IV) and Atieva Inc and certain projections and statements," the company said in a regulatory filing.

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SEC Goes After Lucid Motors Over Stock Deal

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