Lordstown Motors goes public via reverse-merger wi
Post# of 123761
https://finance.yahoo.com/news/lordstown-moto...00561.html
Quote:
Lordstown Motors Corp., a leader in electric light duty trucks, and DiamondPeak Holdings Corp. (NASDAQ PHC), a special purpose acquisition company, today announced they have entered into a definitive agreement for a business combination that would result in Lordstown becoming a publicly listed company. Upon closing of the transaction, the combined company will be named Lordstown Motors Corp. and is expected to remain listed on the NASDAQ and trade under the new ticker symbol, "RIDE."
The deal values the combined company at ~$1.6B
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