Lordstown Motors — Endurance EV pickup
Lordstown completes DiamondPeak SPAC merger ($1.6B; $675M proceeds, $500M PIPE). NASDAQ: RIDE Oct 26, 2020. Filed Ch. 11 in 2023.
$1.60B
Deal Value
Battery Storage
Technology
OH
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Lordstown Motors
- Buyer / Financier
- DiamondPeak Holdings + $500M PIPE
- Offtaker
- DiamondPeak Holdings + $500M PIPE
- Deal Value
- $1.6B; $675M proceeds
- Stage
- Operating
- ISO/RTO
- PJM
- Source
- Lordstown Motors
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