Lordstown Motors bankruptcy court approves disclosure statement; voting to commence Nov 7

NU RIDE INC.

Bankruptcy court approved Amended Disclosure Statement and Solicitation and Voting Procedures on Oct 31, 2023.
Solicitation of votes on Amended Plan expected to begin on or about Nov 7, 2023, with confirmation hearing set for Dec 19, 2023.
Company warns common stock (RIDEQ) likely has little or no value; trading is highly speculative.
Amended Plan includes restrictions on ownership of 4.5% or more of Class A common stock to preserve tax attributes.

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