Merger Lordstown Motors is an Ohio-based OEM that designs and manufactures all-electric, light duty fleet vehicles.

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Description

BGL is pleased to announce the merger of Lordstown Motors Corporation with DiamondPeak Holdings Corporation in a transaction valued at over $1.6 billion.

Global M&A Offices
Brown Gibbons Lang & Company (Global M&A USA)
Global M&A Advisory Advisor
Further information

Merger of Lordstown Motors Corporation (Lordstown Motors), an original equipment manufacturer (OEM) of the world’s first all-electric pickup truck serving the commercial fleet market, with DiamondPeak Holdings Corporation (DiamondPeak), a special purpose acquisition company (SPAC).


BGL’s Industrials team served as financial advisor to Lordstown Motors. The combined entity will trade on the NASDAQ exchange under the ticker symbol “RIDE.”