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Lordstown Motors receives USD 400 million investment from hedge fund

Jul 28, 2021

On July 26, Lordstown Motors Corp. announced it has received a USD 400 million equity investment from a New Jersey-based hedge fund to help the startup launch and accelerate production of its Endurance electric truck at its plant in Lordstown, Ohio in September.
Lordstown and YA II PN Ltd., a fund managed by New Jer....

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