What is Diamond Peak Holdings Company?
DiamondPeak Holdings Corp. (“DiamondPeak”) (NASDAQ: DPHC) is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
What happened to Diamond Peak stock?
The closing of the business combination between Diamond Peak Holdings Corp. (NASDAQ: DPHC) and LMC is expected Friday. The DPHC ticker will be replaced on Monday by the LMC ticker RIDE. The deal went from announcement on Aug.
How much is Diamond Peak stock?
Key Turning Points
What is DPHC stock?
What is DiamondPeak’s stock symbol? DiamondPeak trades on the NASDAQ under the ticker symbol “DPHC.”
Is Diamond Peak a SPAC?
The company went public last year in a reverse merger with Diamond Peak Holdings Corp., a special purpose acquisition company (SPAC). The business combination valued the company at $1.6 billion and it is currently trading below that valuation.
Who is DiamondPeak Holdings merging with?
Will be traded on the NASDAQ exchange under the ticker symbol “RIDE.” Brown Gibbons Lang & Company (BGL) officially announced the merger of Lordstown Motors Corporation with DiamondPeak Holdings Corporation (DiamondPeak), a special purpose acquisition company (SPAC).
Is DPHC stock a good buy?
BTIG Research is very positive about DPHC and gave it a “Buy” rating on Oct 12, 2020.
Will DPHC become ride?
Electric vehicle (EV) manufacturer Lordstown Motors has completed its reverse merger with DiamondPeak Holdings Corp., a special purpose acquisition company, bringing in an additional $675 million to scale up production of its Endurance pickup truck. The NASDAQ ticker changed from DPHC to RIDE on Oct. 25.
Who did Lordstown Motors merge with?
Lordstown went public in October via a merger with Mr. Hamamoto’s special purpose acquisition company, DiamondPeak Holdings. A Wall Street innovation, SPACs are all the rage, having raised more than $190 billion from investors since the start of 2020, according to SPACInsider.
Is DPHC a SPAC?
The Ohio-based company is now tradable as NASDAQ: RIDE after completing a Special Purpose Acquisition Company (SPAC) merger with Diamond Peak Holdings.
What is DPHC?
Provision of general practice and occupational health services is the responsibility of Defence Primary Healthcare ( DPHC ).