Lordstown Motors

Lordstown Motors Names Adam Kroll as CFO
People

Lordstown Motors Names Adam Kroll as CFO

The electric vehicle company’s previous CFO stepped down following an investigation that found it disclosed inaccurate information about truck preorders.
By Lauren Muskett | October 13, 2021
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Lordstown Motors Overhauls Management; CEO, CFO to Step Down
Human Capital & Careers

Lordstown Motors Overhauls Management; CEO, CFO to Step Down

The C-suite shakeup comes a week after the electric vehicle pickup truck maker issued a "going concern" warning.
By Lauren Muskett | June 14, 2021
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Lordstown Motors May Run Out of Gas
Working Capital

Lordstown Motors May Run Out of Gas

The electric vehicle pickup truck maker issued a "going concern" warning, disclosing it didn't have the funds to start commercial production.
By Vincent Ryan | June 8, 2021
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Two More SPACs to Restate Financial Results
Regulation

Two More SPACs to Restate Financial Results

The restatements follow new SEC guidance on how SPACs should account for the warrants that they typically issue as part of initial public offerings.
By Matthew Heller | May 14, 2021
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Lordstown Motors Responds to Short Seller
M&A

Lordstown Motors Responds to Short Seller

A Hindenburg Research report alleged that the truckmaker's product orders "appear largely fictitious and [are] used as a prop to raise capital."
By Vincent Ryan | March 12, 2021
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GM Ordered to Repay Ohio $28M In Tax Credits
Tax

GM Ordered to Repay Ohio $28M In Tax Credits

GM shut down its Lordstown, Ohio, plant last year, despite an agreement to keep it active until 2037.
By Vincent Ryan | September 29, 2020
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Lordstown Motors to List Shares Through SPAC
M&A

Lordstown Motors to List Shares Through SPAC

The electric pickup truck maker joins a growing number of companies that have gone public through mergers with special purpose acquisition companies.
By Vincent Ryan | August 4, 2020
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