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Lordstown reports USD 89.6 million loss in Q1 2022, no progress on Foxconn deal
On May 9, Lordstown Motors reported a loss of USD 89.6 million for Q1 2022.
The company also said in the filing with the U.S. Securities and Exchange Commission (SEC) that it has not yet closed a USD 230 million deal with Foxconn ahead of a May 14 deadline that would allow it to remain a going concern.
Under the term....
The company also said in the filing with the U.S. Securities and Exchange Commission (SEC) that it has not yet closed a USD 230 million deal with Foxconn ahead of a May 14 deadline that would allow it to remain a going concern.
Under the term....
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