---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-098015"
form_type: "8-K"
ticker: "NRDE"
cik: "0001759546"
company_name: "NU RIDE INC."
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:04:51.439758+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Lordstown Motors files Chapter 11 plan to subordinate Foxconn equity, preserve causes of action

## Summary
- Debtors filed Joint Chapter 11 Plan and Disclosure Statement on Sept 1, 2023 in Delaware Bankruptcy Court.
- Plan subordinated Foxconn equity interests to those of other Class A common stock holders.
- Preserved causes of action against Foxconn to be pursued post-effective date.
- General unsecured trade claims to be funded from cash pool; other assets distributed by priority.
- Company warns that outstanding Class A common stock may have little or no value; trading is highly speculative.

## SEC filing metadata
- accession: 0001104659-23-098015
- form_type: 8-K
- ticker: NRDE
- cik: 0001759546
- company_name: NU RIDE INC.
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759546/000110465923098015/0001104659-23-098015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000110465923098015/tm2325454d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-098015
- JSON: https://secwatch.observer/filing/0001104659-23-098015.json
- Plain text: https://secwatch.observer/filing/0001104659-23-098015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.