DiamondPeak Holding Company is the SPAC that will merge with EV Pickup startup Lordstown Motors.
I agree. Please add this stock. Lordstown motors have just purchased the old GM factory worth $1billion and have cara in production already unlike Nikola
1 Like
Diamond Peak will merge with Lordstown Motors (electric vehicle company based in Ohio), When the deal is complete, it will fund the production of their first full size electric pick-up truck. Lordstown was owned by Workhorse but is now a separate company which will merge with Diamond Peak Holdings Corp.
Potential for huge growth for this EV company.
As it currently stands DPHC doesnāt seem to be traded on any brokerage underpinned by DriveWealth.
So, unfortunately for now and by that logicā¦ this wonāt be coming anytime soon.
It is on T212 as they utilise Interactive Brokers
This was listed here a few days ago. (already has more votes than this thread so suggest voting up) DiamondPeak Holding Company (DPHC) - Share Chat
Still āsuspectā (although not guarenteed) FT canāt offer it as DW donāt offer itā¦yetā¦ Since FT leverage DW for US trades
Based entirely on hacking other DW clients APIs ā¦ so could be added by DW in the coming days and it becomes available across all DW platformsā¦ who knowsā¦
*** BUTā¦ it does look like DPHC might be CREST settleableā¦ so FT could go direct to a Market Maker (say, WInterfloods as we know FT utilise them too from their regulatory disclosures) and settle it in-house if they really, really, really wanted to
2 Likes
Useful to know. Fingers crossed FT will have it soon!!
Diamond Peak will merge with Lordstown Motors (electric vehicle company based in Ohio), When the deal is complete, it will fund the production of their first full size electric pick-up truck. Lordstown was owned by Workhorse but is now a separate company which will merge with Diamond Peak Holdings Corp.
Potential for huge growth for this EV company.
Diamond Peak will merge with Lordstown Motors (electric vehicle company based in Ohio), When the deal is complete, it will fund the production of their first full size electric pick-up truck. Lordstown was owned by Workhorse but is now a separate company which will merge with Diamond Peak Holdings Corp.
Potential for huge growth for this EV company.
Diamond Peak will merge with Lordstown Motors (electric vehicle company based in Ohio), When the deal is complete, it will fund the production of their first full size electric pick-up truck. Lordstown was owned by Workhorse but is now a separate company which will merge with Diamond Peak Holdings Corp.
Potential for huge growth for this EV company.
1 Like
Gathered 2 billions in pre order revenue recently [deleted] Need those guys on!
Market cap of Lordstown motors will not be 700m. Diamond peak is only getting a small percentage of Lordstown motors. Post merger Lordstown would have had a market cap of ~1.5bn with the price of DPHC at 10, since its at 20 youāre now paying ~3bn.
1 Like
Makes sense. Thanks for clarifying.
1 Like
Still a compelling speculative āinvestmentā, the massive factory, the licensed in wheel motor tech, likely first to market electric pickup. Political will from both parties. Would not be surprised at all if it hits $50 by merger.
Totally agree, good choice 
I am guessing DPHC is not coming. Time to open Trading212 account 
Ooo another EV company!
They (Lordstown Motors) get a mention in this video at about 8:10s onwards.
It would be great if Freetrade could add DiamondPeak Holding Company (DPHC) - this certainly looks like it has the potential to do far better than Nikola Motors ever will
Thank you Big Boss Viktor! Itās Sunday, please take the rest of the day off. If anyone says anything just tell them an R5 Investor told you to.
1 Like
Itās live now, together with three other SPACs.
Weāll add a lot more of course.
2 Likes