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Has a botched stock split gifted Foxconn a majority stake in bankrupt EV startup Lordstown Motors?
Start-up is one of several companies that burnt through cash raised via special purpose acquisition companies
Struggling automaker accuses Taiwanese group Foxconn of reneging on commitments
Electric vehicle start-up is already facing a probe from securities regulator
Electric vehicle start-up had pledged to revive Ohio community but has warned it may struggle to survive
Exits at electric vehicle start-up come less than a week after it said it may not function as ‘a going concern’ in a year’s time
Stock falls after filing flags ‘substantial doubt’ over ability to continue as a going concern
International Edition