Lordstown Motors Corp.

Lordstown Motors Corp.

Lordstown Motors Corp.

Overview
Date Founded

2018

Headquarters

2300 Hallock Young Road,Lordstown, OH 44481

Type of Company

Public

Employees (Worldwide)

320

Industries

Automobiles

Company Description

Lordstown Motors Corp. is an automotive company, which designs and manufactures light duty electric trucks targeted for sale to fleet customers. The firm develops its flagship vehicle, the Endurance, an electric full-size pickup truck. The company was founded by Stephen S. Burns on November 13, 2018 and is headquartered in Lordstown, OH.

Executives & Employees

Executive Chairman

President

Interim Chief Financial Officer

Chief Operating Officer

Vice President, Corporate Development, Capital Markets & Investor Relations

Vice President-Engineering

Board of Directors

Executive Chairman at Lordstown Motors Corp.

Chairman of the Board & Chief Executive Officer at DiamondHead Holdings Corp.

Chief Financial Officer & Director at DiamondHead Holdings Corp.

Executive Vice President-Operations at Xerion Advanced Battery Corp.

Partner at Brunswick Group LLC

Former Vice President-Automotive Maintenance & Engineering at United Parcel Service, Inc.

Co-Founder, Chief Technology Officer at ClinGenuity LLC

Chief Financial Officer at Workhorse Group, Inc.

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Owners & Shareholders
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Burleson & Co. LLC is an American private company located in Petaluma, CA, that provides investment advice. It was founded in 2004 by James David Burleson, he has been the CEO since the inception date.

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SGAM seeks to achieve attractive risk-adjusted returns across all economic cycles. The firm intends to pursue its investment objective primarily by investing in various loans, debt and equity securities, and other instruments that SGAM believes are inefficiently held or financed, are issued by companies undergoing change or are mispriced due to market misunderstanding of risk. In most cases, they will seek to invest assets in companies with a defined existing or anticipated catalyst that increases the likelihood of realization of value.

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Formidable Asset Management LLC is an American private company located in Cincinnati, OH, that provides investment advice. The firm was founded in 2013 by William Bush Brown and Benjamin McBurney Blemker. William Bush Brown has been the CEO since the company founding.

Recent Transactions
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DiamondPeak Holdings Corp. purchases Lordstown Motors Corp. (Inactive) resulting in a new company Lordstown Motors Corp.

Key Stats and Financials As of 2020
Market Capitalization
$1.29B
Total Enterprise Value
$1.31B
Earnings Per Share
$-1.28
Revenue
$0
EBITDA
$-102M
Total Debt
$1.02M
Debt TEV
0x
TEVNet Income
-10.57x
Total Equity
$631M
Net Profit
$-124M
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