Lordstown Motors hasn't delivered a single vehicle yet, but it is now a publicly-traded company. The electric-truck firm began trading on the NASDAQ Monday, under the ticker symbol "RIDE." Lordstown went public by merging with DiamondPeak Holdings, a special-purpose acquisition company (SPAC). These are essentially shell companies created...Lordstown Motors hasn't delivered a single vehicle yet, but it is now a publicly-traded company. The electric-truck firm began trading on the NASDAQ Monday, under the ticker symbol "RIDE." Lordstown went public by merging with DiamondPeak Holdings, a special-purpose acquisition company (SPAC). These are essentially shell companies created...
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