Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

Green Car Congress
By mmillikinNov 3, 2020, 4:16 am266 pts
Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.” The…

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