Lordstown Motors becomes latest EV automaker to use a SPAC to go public

19:27 03.08.2020
Lordstown Motors, the one-year-old Ohio electric automaker that revealed a pickup truck prototype in June, has reached a deal to merge with special-purpose acquisition company DiamondPeak Holdings Corp, with a market value of $1.6 billion. The agreement marks the latest company — and electric automaker — to become a publicly traded company through a merger […]...
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