--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-24-034627" form_type: "8-K" ticker: "NRDE" cik: "0001759546" company_name: "NU RIDE INC." filed_at: "2024-03-15T23:59:59+00:00" generated_at: "2026-06-04T17:38:07.292835+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # Nu Ride Inc. (fka Lordstown Motors) emerges from Chapter 11; ticker changes to NRDE ## Summary - Effective March 14, 2024, emerged from Chapter 11 under new name Nu Ride Inc. - New board appointed: Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner, Alexandre Zyngier. - William Gallagher appointed CEO, President, Secretary, and Treasurer. - Severance agreements: Ninivaggi $550k, Hightower $975k, Kroll $685k; payments timed per plan. - 2020 Equity Incentive Plan amended to reserve 3,000,000 shares for future awards. ## SEC filing metadata - accession: 0001104659-24-034627 - form_type: 8-K - ticker: NRDE - cik: 0001759546 - company_name: NU RIDE INC. - filed_at: 2024-03-15T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 3.03, 5.03, 5.02, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/tm248893d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-24-034627 - JSON: https://secwatch.observer/filing/0001104659-24-034627.json - Plain text: https://secwatch.observer/filing/0001104659-24-034627.txt ## Key facts - Executive change Alexandre Zyngier was appointed as director at NU RIDE INC.. - Action: appointed - Role: director source text: the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Alexander C. Matina was appointed as director at NU RIDE INC.. - Action: appointed - Role: director source text: the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Dale Spencer departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Edward T. Hightower departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Angela Strand departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Michael J. Wartell was appointed as director at NU RIDE INC.. - Action: appointed - Role: director source text: the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Andrew L. Sole was appointed as director at NU RIDE INC.. - Action: appointed - Role: director source text: the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Daniel A. Ninivaggi was terminated as executive officer at NU RIDE INC.. - Action: terminated - Role: executive officer source text: the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Jane Reiss departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Adam Kroll was terminated as executive officer at NU RIDE INC.. - Action: terminated - Role: executive officer source text: the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Edward T. Hightower was terminated as executive officer at NU RIDE INC.. - Action: terminated - Role: executive officer source text: the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change David T. Hamamoto departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Joseph B. Anderson, Jr. departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Keith Feldman departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Laura J. Soave departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Daniel A. Ninivaggi departed as director at NU RIDE INC.. - Action: no longer serve - Role: director source text: the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Executive change Neil Werner was appointed as director at NU RIDE INC.. - Action: appointed - Role: director source text: the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier. evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Governance Changes NU RIDE INC.: Amended and restated certificate of incorporation in its entirety to reflect new company name, classified board, and NOL trading restrictions. - Change: charter amendment source text: the Company's Second Amended and Restated Certificate of Incorporation was amended and restated in its entirety (the "Third Amended and Restated Certificate of Incorporation"). evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm - Governance Changes NU RIDE INC.: Amended and restated bylaws in their entirety with modified indemnification provisions. - Change: bylaw amendment source text: the Company's bylaws, as in effect immediately prior to the Effective Date, were amended and restated in their entirety (the "Second Amended and Restated Bylaws"). evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.