DPHC DD (August 27, 2020)
- Price: 16.38 (equity) and 6.00 (warrants)
- O/S: 28M
- Cash: 280M
- Target: Announced August 3, 2020 - Lordstown Motors
- PR: https://lordstownmotors.com/pages/investors
- Investor Presentation: https://cdn.shopify.com/s/files/1/0254/3229/3427/files/LMC-Marketing-Presentation.pdf?v=1596472401
- Trucks in production 2021
- Merger closing: Q4 2020 (shareholder vote pending)
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Maverick - 3 years ago
- They will be doing an SUV (this was news to me)
- Not going to rent out any of manufacturing facility, will need it all based on preorders.
- Will help Workhorse with production volume if they get USPS contract
- Plant is worth “a few billion” (I personally doubt that..), though I think he said was 3rd largest in US right now
- They let each other talk and got into the technology. I enjoyed it, though the kid interviewing was a bit annoying to my ears.
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Maverick - 3 years ago
I like this one a lot. I saw it a few days ago at 14 and 4. Thought it would be a couple months before it moved.
Warrants took off 50% without me...🤡
Maybe it settles back down?
I'll be in this one, but hoping the EV sector cools off a bit. There's plenty of time here, it doesn't close until Q4.
Warrants took off 50% without me...🤡
Maybe it settles back down?
I'll be in this one, but hoping the EV sector cools off a bit. There's plenty of time here, it doesn't close until Q4.
Lordstown Motors - RIDE
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