Source: Desktop Metal
Introduction
In our last article, which you can read here, we presented the bull case for DiamondPeak Holdings Corp. (DPHC) which announced a merger with Lordstown Motors in June 2020. Since publishing the article last month, the share price has increased by 105% and has traded up by as much as 130% in the interim. After reviewing several special situations in the markets, we again focus our attention on a recently announced SPAC merger with significant upside potential, but limited downside risk ahead of the shareholder vote scheduled for