“Our resignation does not result from an inability to obtain sufficient appropriate audit evidence,” Shah Dhandharia’s resignation letter said. The auditor will be replaced by Walter Chandiok & Co.
Electric truck maker Lordstown warns of going concern risk; shares tank Ankit Ajmera and Ben Klayman reporting for Reuters reported that U.S. electric truck maker Lordstown Motors Corp said on Tuesday there was “substantial doubt” about its ability to continue as a going concern in the next year because of problems funding the production of its vehicle, causing its shares to plummet. Lordstown, which went public last year through a reverse merger with a special-purpose acquisition company (SPAC), has struggled with the launch of its Endurance pickup truck.
The resurgence of COVID-19 cases in the United States due to the Delta variant and the new guidance from the U.S. Centers for Disease Control and Prevention that requires fully vaccinated. | August 21, 2021
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