Lordstown Motors Corp. and DiamondPeak Holdings Corp. Announce Closing of Business Combination; Lordstown Motors to Trade on Nasdaq Under Ticker “RIDE” Beginning on Monday 10/26
LORDSTOWN, Ohio and NEW YORK, Oct. 23, 2020 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. (“Lordstown Motors”), a leader in electric light duty trucks focused on the commercial fleet market, announced today that it has completed its business combination (“Business Combination”) with DiamondPeak Holdings Corp. (“DiamondPeak”) (NASDAQ:DPHC), a special purpose acquisition company. The Business Combination was approved by DPHC stockholders in a special meeting held on October 22, 2020. Beginning on October 26, 2020, Lordstown Motors’ Class A shares will trade on the Nasdaq Global Select market under the ticker symbol “RIDE” and its warrants will trade on Nasdaq under the ticker symbol “RIDEW”. “
