Bankrupt Lordstown Motors to sell remaining assets to ex-CEO

Bankrupt electric vehicle startup Lordstown Motors plans to sell its remaining assets to an investment firm led by founder and original CEO Steve Burns, an SEC filing made on September 29 reveals. The investment firm, LAS Capital, which also counts former Lordstown Chief Financial Officer Julio Rodriguez as a major shareholder alongside Burns, has…Bankrupt electric vehicle startup Lordstown Motors plans to sell its remaining assets to an investment firm led by founder and original CEO Steve Burns, an SEC filing made on September 29 reveals. The investment firm, LAS Capital, which also counts former Lordstown Chief Financial Officer Julio Rodriguez as a major shareholder alongside Burns, has…