Lordstown is one of a slew of electric-vehicle startups that have gone public through mergers with special purpose acquisition companies.
Since the going-concern warning last week, the company has said it’s in talks with multiple parties to raise funds.
“We remain committed to delivering on our production and commercialization objectives, holding ourselves to the highest standards of operation and performance and creating value for shareholders,” Strand said in the statement.
Bloomberg contributed to this report.
