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Bullseye Consulting Group

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Don’t trust that SPAC deck

June 9, 2021 Robert Harrington

The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer made yet more news. Bad news.

Shares of Lordstown are down sharply today after the company reported in an SEC filing that it does not have enough capital to build and launch its electric truck. READ MORE

← Wall Street grapples with new SPAC equity contracts after regulator crackdownSpac’s private equity dilemma: better in or outside the fund? →

rharrington@bullseye.consulting

       @BobJHarrington