💥$RIDE or Die💥
Lordstown Motors joins a growing list of #BustedSPACs
This may be one of the more egregious ones yet: yes, another #BustedSPAC (🥱).
On June 27, 2023, OH-based Lordstown Motors Corp. (“Lordstown”)($RIDE) and two affiliates, Lordstown EV Corporation and Lordstown EV Sales LLC (together, the “debtors”) filed chapter 11 bankruptcy cases in the District of Delaware (Judge Walrath).
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