secwatch.observer — SEC 8-K summary
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Issuer:     NU RIDE INC. (NRDE)
CIK:        0001759546
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001104659-24-034627
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.03, 5.03, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nu Ride Inc. (fka Lordstown Motors) emerges from Chapter 11; ticker changes to NRDE
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/0001104659-24-034627-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759546/000110465924034627/tm248893d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-034627

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer