---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-110990"
form_type: "8-K"
ticker: "NRDE"
cik: "0001759546"
company_name: "NU RIDE INC."
filed_at: "2023-10-24T23:59:59+00:00"
generated_at: "2026-06-09T14:24:55.309457+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Lordstown Motors files amended Chapter 11 plan; no subordination of Foxconn equity, no cash for unsecured trade claims

## Summary
- Amended plan removes subordination of Foxconn's preferred/common equity; Foxconn interests remain.
- General unsecured claims now in single class; no cash pool for trade claims.
- Securities class action settled: lead plaintiff may elect $1M settlement pro rata, or receive Class A stock per formula.
- Lim v. Hightower claims recoveries limited to insurance policies.
- Company warns common stock may have little or no value; trading highly speculative.

## SEC filing metadata
- accession: 0001104659-23-110990
- form_type: 8-K
- ticker: NRDE
- cik: 0001759546
- company_name: NU RIDE INC.
- filed_at: 2023-10-24T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759546/000110465923110990/0001104659-23-110990-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000110465923110990/tm2328976d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-110990
- JSON: https://secwatch.observer/filing/0001104659-23-110990.json
- Plain text: https://secwatch.observer/filing/0001104659-23-110990.txt

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