Lordstown Motors to Reschedule First Quarter 2021 Financial Results For May 24, 2021
May 14 2021 - 6:40PM
Lordstown Motors Corp. (Nasdaq: RIDE), (“Lordstown Motors”), a
leader in electric light duty trucks focused on the commercial
fleet market, today announced that it will reschedule the release
of its first quarter 2021 financial results, previously scheduled
for May 17, 2021. The company now intends to report first quarter
2021 financial results on Monday, May 24, 2021, after the market
closes. The company will then host a conference call at 4:30 p.m.
Eastern Time. The call can be accessed via a live webcast
accessible on the Events page of Lordstown Motors’ Investor
Relations website at https://investor.lordstownmotors.com. An
archive of the webcast will be available shortly after the call.
About Lordstown Motors
Corp.Lordstown Motors is an Ohio-based original equipment
manufacturer of light duty fleet vehicles, founded by CEO Steve
Burns with the purpose of transforming Ohio's Mahoning Valley and
Lordstown, Ohio, into the epicenter of electric-vehicle
manufacturing. The company owns the 785 acre, 6.2 million square
foot Lordstown Assembly Plant where it plans to build the Lordstown
Endurance, believed to be the world's first full-size, all-electric
pickup truck designed to serve the commercial fleet market. For
additional information visit www.lordstownmotors.com.
Forward Looking StatementsThis press release
includes forward-looking statements. These statements are made
under the “safe harbor” provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements may be identified
by words such as “feel,” “believes,” expects,” “estimates,”
“projects,” “intends,” “should,” “is to be,” or the negative of
such terms, or other comparable terminology. Forward-looking
statements are statements that are not historical facts. Such
forward-looking statements are not guarantees of future performance
and are subject to risks and uncertainties, which could cause
actual results to differ materially from the forward-looking
statements contained herein due to many factors, including, but not
limited to: our limited operating history and our significant
projected funding needs; risks associated with the conversion and
retooling of our facility and ramp up of production; our inability
to obtain binding purchase orders from customers and potential
customers’ inability to integrate our electric vehicles into their
existing fleets; our inability to retain key personnel and to hire
additional personnel; competition in the electric pickup truck
market; our inability to develop a sales distribution network; and
the ability to protect our intellectual property rights. Any
forward-looking statements speak only as of the date on which they
are made, and Lordstown Motors undertakes no obligation to update
any forward-looking statement to reflect events or circumstances
after the date of this press release.
Contacts:
InvestorsCarter
DriscolllordstownIR@icrinc.com
MediaRyan
Hallettlordstownmotors@ottoandfriends.com
Lordstown Motors (NASDAQ:RIDE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Lordstown Motors (NASDAQ:RIDE)
Historical Stock Chart
From Sep 2023 to Sep 2024