Tag: Cashes
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Lordstown Founder And Ex-CEO Cashes Out Remaining Stake In EV Startup
Stephen Burns, the ex-CEO and founding father of Lordstown Motors, has offered all of his remaining inventory within the EV startup. As per a regulatory submitting, Burns offered his final shares between Might and June in three separate transactions. Burns has been regularly offloading Lordstown inventory since November 2021, making $66 million to this point.…