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Lucid Group, Inc. denied rumors regarding its liquidity and bankruptcy status, stating it has sufficient liquidity to…

LCIDLucid Group, Inc.

Lucid Group, Inc. denied rumors regarding its liquidity and bankruptcy status, stating it has sufficient liquidity to operate into next year. The company is working with AlixPartners to improve execution and operations, but clarified that the company has not formed a special Board committee to explore bankruptcy scenarios. Lucid Group, Inc. is an electric vehicle manufacturer.

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