Lordstown Motors Corp. - Ordinary Shares - Class A

NASDAQ:RIDE   3:59:55 PM EDT
7.75
+0.38 (+5.16%)
Debt Financing / Related, Other Pre-Announcement

Lordstown Motors Reports Q4 Loss Per Share Of $0.23

Published: 03/17/2021 20:22 GMT
Lordstown Motors Corp. - Ordinary Shares - Class A (RIDE) - Lordstown Motors Reports Fourth Quarter and Full Year 2020 Financial Results.
Lordstown Motors Corp - Qtrly Net Loss per Share $0.23.
Lordstown Motors Corp - Have Received Greater Interest for Endurance Than We Anticipated When We Announced Our Transaction in August 2020.
Lordstown Motors Corp - Expected 2021 Capital Expenditures of Between $250 and $275 Million.
Lordstown Motors Corp - Expected Year-end 2021 Liquidity of at Least $200 Million in Cash and Cash Equivalents.
Lordstown Motors Corp - Timeline to Start of Production (sop) in September 2021 Remains on Track.
Lordstown Motors Corp - Expected 2021 Operating Expenses of Between $40 and $45 Million.
Lordstown Motors Corp - Plan to Deliver Beta Vehicles in Mid-2q21.
Lordstown Motors Corp - Accelerating Development of Lordstown Motors' Second Vehicle, a Van, With a Goal of Sop in Second Half of 2022.
Lordstown Motors Corp - Expect to Unveil a Demonstration for Second Vehicle in Summer of 2021.