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  "documentTitle": "Lordstown Motors | Results Presentation Deck | 18 slides",
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      "text": "Transformed the $100 million JV into up to $170 million direct investment in Lordstown Motors Common Stock and Preferred Stock, subject to certain conditions; initial $52 million funded\n$100 million of Preferred Stock to support pre-development work on new platform and vehicle program\nAdditional tranches of Common Stock and Preferred Stock to be purchased following satisfaction of closing conditions\nUpon completion of next Common Stock funding, Foxconn will have the right to designate two members to be added to LMC’s board of directors",
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