Lordstown and DiamondPeak (DPHC) Have Now Formalized Their Merger Agreement With the Official Approval of the SPAC’s Shareholders – What Happens Next?
https://wccftech.com/lordstown-and-diamondpeak-have-now-formalized-their-merger-agreement-what-happens-next/
Lordstown Motors, an American manufacturer of light-duty electric trucks, achieved a major milestone today as the shareholders of the Special Purpose Acquisition Company (SPAC), DiamondPeak Holdings Corp. (NASDAQ:DPHC), have now officially approved the proposed business combination, paving the way for the shares of the combined company to list on the stock exchange under the ticker symbol RIDE.
Following five proposals were tabled during a special meeting of DiamondPeak’s shareholders: