(Reuters) – Luxury electric car maker Lucid Group Inc said on Monday it had received a subpoena from the U.S. Securities and Exchange Commission, requesting documents related to an investigation on its blank-check deal with Churchill Capital Corp.
Shares fell nearly 8% in premarket trading. (https://bit.ly/32TtoSE)
(Reporting by Nivedita Balu in Bengaluru; Editing by Amy Caren Daniel)
