SPY423.99+0.88 0.21%
DIA339.86+0.41 0.12%
IXIC14,315.14+61.88 0.43%

Lordstown Motors to restate 2020 financial results

05/11/2021 16:19
Lordstown Motors to restate 2020 financial results

- Electric pickup truck maker Lordstown Motors Corp RIDE.O said on Tuesday it would restate its previously issued 2020 consolidated financial statements, in line with recent guidance by the U.S. Securities and Exchange Commission.

The guidance provided on April 12 was for all SPAC-related companies regarding the accounting and reporting for their warrants. nGNXjYpY4


(Reporting by Sanjana Shivdas in Bengaluru; Editing by Shailesh Kuber)

(([email protected]; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))