Lucid Group Denies Report That It Is Considering Going Private Or Filing For Chapter 11 Bankruptcy
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LCID• Lucid denies going-private or Chapter 11 report
July 14 (Reuters) - Lucid Group Inc LCID.O:
- Lucid Group denies report that the company is considering going private or filing for Chapter 11 bankruptcy, according to a statement.
- Lucid Group says it has sufficient liquidity to carry its operations well into next year.
- Lucid Group says AlixPartners has not recommended bankruptcy to management or the board.
Further company coverage: LCID.O
