Lordstown had a design that had been created all or in part by Workhorse for an electric pickup. GM owned 7.
In late 2021, Foxconn bought the company’s 6.
, has acquired from selling stock he owns in the startup he founded to make.
The company.
has sold off another $1.
As a gesture of confidence, Foxconn has already bought $50 million worth of Lordstown stock directly from the company at just under $6.
Related articles: Transportation startups starting to look desperate.
2% of the outstanding shares, according to an SEC filing Friday.
.
May 19, 2023 · The document shows Burns still owns more than 12.
.
2% of the company’s stock, with 12,457,306 shares, SEC documents say.
35 million shares this month, he still owns 5.
Related articles: Transportation startups starting to look desperate.
Lordstown Motors' shares fell 10% in premarket trading to $0.
S.
.
.
2% of the outstanding shares, according to an SEC filing Friday.
.