---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-009103"
form_type: "8-K"
ticker: "NRDE"
cik: "0001759546"
company_name: "NU RIDE INC."
filed_at: "2024-02-01T23:59:59+00:00"
generated_at: "2026-06-06T11:17:02.330687+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lordstown Motors files modified Ch 11 plan; proposes $3M securities settlement and SEC claim deal

## Summary
- Second Modified First Amended Plan filed Jan 31, includes $3M escrow for Ohio securities class settlement.
- Class members may also receive up to 25% of net proceeds from retained causes of action (capped at $7M).
- Plan conditions confirmation on SEC approving offer to resolve $45M claim; hearing Feb 22, 2024.
- Company warns current stock may have little or no value; trading highly speculative.
- Plan and settlements remain subject to Bankruptcy Court and SEC approvals.

## SEC filing metadata
- accession: 0001104659-24-009103
- form_type: 8-K
- ticker: NRDE
- cik: 0001759546
- company_name: NU RIDE INC.
- filed_at: 2024-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759546/000110465924009103/0001104659-24-009103-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000110465924009103/tm244583d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-009103
- JSON: https://secwatch.observer/filing/0001104659-24-009103.json
- Plain text: https://secwatch.observer/filing/0001104659-24-009103.txt

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