---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-112162"
form_type: "8-K"
ticker: "NRDE"
cik: "0001759546"
company_name: "NU RIDE INC."
filed_at: "2023-10-27T23:59:59+00:00"
generated_at: "2026-06-09T07:10:55.839281+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Lordstown Motors closes $10.2M asset sale to LandX Motors in Chapter 11

## Summary
- Asset Purchase Agreement with LAS Capital (assigned to LandX Motors) closed on October 27, 2023.
- Total purchase price approximately $10.2 million in cash for electric light duty vehicle assets.
- Sale includes design, production, and commercial fleet vehicle assets, free of liens and claims.
- First Amended Joint Chapter 11 Plan filed October 24; stock likely has little or no value.

## SEC filing metadata
- accession: 0001104659-23-112162
- form_type: 8-K
- ticker: NRDE
- cik: 0001759546
- company_name: NU RIDE INC.
- filed_at: 2023-10-27T23:59:59+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/1759546/000110465923112162/0001104659-23-112162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000110465923112162/tm2329304d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-112162
- JSON: https://secwatch.observer/filing/0001104659-23-112162.json
- Plain text: https://secwatch.observer/filing/0001104659-23-112162.txt

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