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Business News: Shares of EV start-up Lucid surge as much as 47% after confirming deliveries of its first car

Shares of EV start-up Lucid surge as much as 47% after confirming deliveries of its first car : Rashtra News Shares of electric vehicle start-up Lucid Group surged by as much as 47% during trading Thursday, a day after the company confirmed the first customer deliveries of its $169,000 Air Dream Edition sedan would begin ....

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Upcoming IPOs 2022 and 2021 in review

The 2021 IPO market saw a record-breaking number of listings and amount of capital raised. Will 2022 follow the trend or has volatility dampened investors’ spirits? See our expectations for the 2022 IPO market, the biggest upcoming listings and a look back at the latest IPOs. ....

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SEC Scrutinizes EV Manufacturer Lucid Group over IPO-Related Merger

An article written by Kirsten Korosec and published by TechCrunch reported the probe on Monday. The news broke after the electric vehicle maker issued a ....

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EV automaker Lucid Group under investigation by SEC – TechCrunch

Lucid Group has been subpoenaed by securities regulators investigating the electric automaker’s merger that enabled it to become a publicly traded company. Lucid said in a regulatory filing Monday morning that the Securities and Exchange Commission requested certain documents related to its investigation. “Although there is no assurance as to the scope or outcome of […] ....

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