DiamondPeak Holdings Corp.

Sellers may also earn up to $1,312,000 plus accrued interest in up to three annual instalments of about $437,333 on insurance-writing thresholds. Item 5.03 records the July 21, 2026 name change from Nu Ride Inc. to Stark Novus Financial Inc. with conforming bylaws, and Item 8.01 says the Class A stock is expected to trade on the OTC as SNFI with an unchanged CUSIP. The purchase agreement is not attached and the Item 9.01 financials and pro formas are deferred to an amendment within 71 days.

The company has no revenue-producing operations and emerged from Chapter 11 - what remains is a shell holding litigation claims and whatever value survived the Foxconn transactions that began with the September 30, 2021 agreement in principle and the sale of the Lordstown, Ohio plant. For the 16.1 million shares outstanding, value depends entirely on recoveries from those claims rather than on any business. The DiamondPeak trust was released years before.

The Nasdaq proposal is where the dilution is stated: up to 78,867,856 Class A shares to Lordstown stockholders and on exercise of the options its vested options convert into, up to 50,000,000 Class A shares to qualified institutional buyers and accredited investors at $10.00 per share for up to $500,000,000 of PIPE proceeds, up to 4,000,000 shares on conversion of Lordstown convertible notes, and warrants to Brown, Gibbons, Lang & Company Securities for 1% of the common stock outstanding after the combination and the PIPE. The charter also raises authorised capital to 312,000,000 shares.

The $500,000,000 private placement at $10.00 per share is not a top-up: the filing states it is raised both for the combined company's use and to satisfy one of the conditions to closing, so the deal's viability rests on it. The charter proposal lifts authorised capital from 111,000,000 shares to 312,000,000. A further 2,471,000 Class A shares go to convertible noteholders, with up to 1,529,000 more if additional notes are issued before closing, and Brown, Gibbons, Lang & Company Securities receives warrants over 1% of the common stock outstanding after the combination and the placement.

What changed: Stark Novus Financial Inc. filed an 8-K on August 24, 2026, reporting that on August 18, 2026, it entered into an Omnibus Amendment to Financing Documents with multiple Foxpoint Florida LLC borrowers and Guarantor James Neumann. The amendment defers the due date for monthly interest installments for June 1 through September 1, 2026, to the closing date of a sale of billboard assets in Central Florida (the 'Orlando Sale'). The Company orally agreed to extend the deadline for executing a letter of intent for this sale from August 19, 2026, to August 25, 2026. Net proceeds from the Orlando Sale will be applied first to pay all amounts owing to the Lenders. Additionally, the Guarantor pledged a billboard asset in Bridgeton, Missouri, as additional collateral for any shortfall remaining after the Orlando Sale proceeds are applied, and pledged a billboard asset in Bakersfield, California, as additional collateral securing obligations under the Foxpoint Florida loan documents upon the occurrence of certain events of default. The full text of the Omnibus Amendment is expected to be filed as an exhibit to the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2026. Why it matters: This filing discloses material modifications to existing debt obligations, specifically the deferral of interest payments and the extension of a contractual deadline, which indicates potential liquidity constraints or restructuring efforts by the borrower entities. It also details new collateral pledges (assets in Missouri and California) to secure existing loans, altering the risk profile for lenders. As DPHC is closed, this information pertains directly to Stark Novus Financial Inc., the entity identified in the filing signature, rather than the SPAC itself, but provides insight into the financial activities of the company associated with the ticker context provided.

What changed: The document available for this DiamondPeak Holdings Corp. 10-Q is not the quarterly report body. What is present is a block of representations and warranties from an acquisition agreement covering a "Company Group" of investment advisers — ERISA fiduciary status and prohibited transactions under PTCE 84-14, performance under Investment Advisory Contracts, fee calculation methodology, and Section 3.18's tax representations including the group's continuous classification as partnerships or disregarded entities and the treatment of profits interests under Revenue Procedures 93-27 and 2001-43. Why it matters: No balance sheet, trust figure, deadline, share count or results of operations appear in what is present, so nothing about the registrant's quarter can be stated from it. Routed to review so the quarterly report itself is read rather than this exhibit.(flagged for human review)

What changed: 8-K of Stark Novus Financial Inc., formerly Nu Ride Inc. Item 2.01 (completion of acquisition): on July 15, 2026 wholly owned subsidiary Affinity Advisory Holdings Corp. completed the acquisition of Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC under a Membership Interest Purchase Agreement signed June 2, 2026. Consideration is $6,720,000 cash at closing subject to customary adjustments, 80,000 Class A shares of the Company, and Buyer common stock equal to 15% of the Buyer's issued and outstanding shares immediately after closing. Why it matters: Sellers may also earn up to $1,312,000 plus accrued interest in up to three annual instalments of about $437,333 on insurance-writing thresholds. Item 5.03 records the July 21, 2026 name change from Nu Ride Inc. to Stark Novus Financial Inc. with conforming bylaws, and Item 8.01 says the Class A stock is expected to trade on the OTC as SNFI with an unchanged CUSIP. The purchase agreement is not attached and the Item 9.01 financials and pro formas are deferred to an amendment within 71 days.