Lordstown Motors faces shareholder demand over unauthorized share increase vote at annual meeting

NU RIDE INC.

Purcell & Lefkowitz sent demand letter alleging board misled stockholders on vote for share increase from 300M to 450M.
Letter claims ~60M uninstructed shares were voted by brokers in favor, contrary to proxy treatment as votes against.
Company had filed Certificate of Amendment on May 19; board now says vote report not final, evaluating demand.
Without those broker votes, amendment would have failed (only ~55M affirmative votes vs needed ~98.4M majority).
Demand asks board to deem amendment ineffective or seek valid approval; threatens litigation if no response by June 3.

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