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Post# of 2349906
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dirkv

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dirkv

Re: None

Friday, 08/11/2023 3:11:10 PM

Friday, August 11, 2023 3:11:10 PM

Post# of 2349906
Very high risk (ch11)
RIDEQ Lordstown Motors Corp.: 3.44

Cash: 130 M
Debt: 20 M
Shares Outstanding 16.8M
= 130 – 20 : 16.8 = 6.5/share

The buyout price will be determined by the bids received in September. Multiple interested bidders

https://investor.lordstownmotors.com/news-releases/news-release-details/lordstown-motors-announces-strategic-restructuring-process
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