Shares in the electric vehicle startup Lucid Group are tumbling after saying that it had been subpoenaed by regulators, apparently over the process by which it became a publicly-traded company last summer .
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When can I buy Lucid Motors stock? Lucid Motors will be going public through a SPAC merger with Michael Klein’s Churchill Capital Corp IV (NYSE: CCIV) on July 23 . As this is a SPAC IPO, you can purchase shares of CCIV now, which will convert to LCID on the Nasdaq after the merger is completed.
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