Every 15 shares of the company’s stock will combined into a single share under a plan approved at Lordstown’s annual meeting, according to a statement.

Lordstown motors corporation

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. . Lordstown Motors is an electric vehicle (“EV”) OEM developing innovative light duty commercial fleet vehicles, with the Endurance all electric pickup truck as its first vehicle and being launched in the Foxconn EV plant in Lordstown, Ohio. .

class=" fc-smoke">May 24, 2023 · LORDSTOWNLordstown Motors Corp.

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5% on Wednesday — their first day of trading after the electric vehicle startup consolidated 15 of its shares into one through a reverse stock split.

. News. . Lordstown Motors, a startup company building electric pickups in a former General Motors factory, is ready to deliver its first production-model pickup trucks, the company said.

. . (RIDE) NasdaqGS - NasdaqGS Real Time Price.

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A Microsoft logo is seen in Los Angeles, California U.S. 01/03/2024. REUTERS/Lucy Nicholson

Lordstown Motors Corp on Tuesday announced a reverse stock split to meet Nasdaq listing norms and appease investor Foxconn , which has threatened to scrap a.

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(Nasdaq: RIDE), (“Lordstown Motors,” “LMC” or the “Company”), an original equipment manufacturer (“OEM”) of. Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being.

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May 23, 2023 · LORDSTOWN, Ohio, May 23, 2023 (GLOBE NEWSWIRE) -- Lordstown Motors Corp. .

Lordstown Motors is an electric vehicle (“EV”) OEM developing innovative light duty commercial fleet vehicles, with the Endurance all electric pickup truck as its first vehicle and being launched in the Foxconn EV plant in Lordstown, Ohio.

About Lordstown Motors Corp.

(Nasdaq: RIDE), (“Lordstown Motors,” “LMC” or the “Company”), an original equipment. Lordstown Motors is an electric vehicle (“EV”) OEM developing innovative light duty commercial fleet vehicles, with the Endurance all electric pickup truck as its first vehicle and being launched in the Foxconn EV plant in Lordstown, Ohio. . .

News. . The move is designed to get its stock price above $1 to avoid Nasdaq delisting and salvage a Foxconn investment. .

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. shares fell nearly 12. .