DiamondHead Amends $300M IPO Prospectus

IPO

DiamondHead Holdings Corp. amended its prospectus for an offer of 30 million units at $10 each to raise $300 million. The amended filing includes additional financial statements. The amount of the planned raise remains unchanged from the initial S-1 filing earlier this month.

The SPAC has not disclosed any specific sectors it may target for an acquisition.

The sponsor’s previous SPAC DiamondPeak completed its initial business combination in October with Lordstown, a manufacturer of light duty electric trucks. Read more.

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