Lordstown Motors becomes the latest electric vehicle maker to use a SPAC to go public
the year-old Ohio electric automaker that in June reached an agreement to merge with special-purpose acquisition company DiamondPeak Holdings Corp., with a market value of $1.6 billion. The deal marks the latest company – and electric automaker – to become a publicly traded company through a merger agreement with a SPAC, or blank check company. […]
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