Lordstown Motors' founder and former CEO is buying the bankrupt EV maker's assets, according to a September 29 filing with the U.S. Securities and Exchange Commission (SEC). Lordstown's "selling entities" said in the filing that Steve Burns made the only qualified bid for what's left of Lordstown, which filed for bankruptcy in late June. Burns... EV maker Lordstown Motors’ assets sold to original CEO for $10M
Lordstown Motors' founder and former CEO is buying the bankrupt EV maker's assets, according to a September 29 filing with the U.S. Securities and Exchange Commission (SEC). Lordstown's "selling entities" said in the filing that Steve Burns made the only qualified bid for what's left of Lordstown, which filed for bankruptcy in late June. Burns...