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Lordstown Motors (DiamondPeak Holdings) Priced, Nasdaq: RIDE

Blank check company led by David Hamamoto targeting the real estate industry (completed 10/23/2020).

Industry: SPAC

First Day Return: +1.6%

Industry: SPAC

We are a newly organized blank check company. While we will not be limited to a particular industry or geographic region, given the experience of our management team and Silverpeak, we expect to focus on acquiring a business with a real estate component or where our management team has significant expertise. We intend to identify and acquire a business that could benefit from a hands-on partner with extensive operational, capital markets and investment management experience in the broader real estate sector and that presents potential for an attractive risk-adjusted return profile under our management. Our management team is led by David Hamamoto, our CEO and Chairman, and Kyriakos Mihalitsis, our CFO.
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Lordstown Motors (DiamondPeak Holdings) (RIDE) Performance