secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2023-09-22T23:59:59+00:00
Accession:  0001213900-23-078802
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse Group receives Nasdaq delisting notice for bid price below $1.00
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- Received Nasdaq notice on Sept 22, 2023 for non-compliance with $1.00 minimum bid price for 30 consecutive trading days.
- 180-day compliance period ends March 20, 2024; must have closing bid >= $1.00 for 10 consecutive days.
- Company evaluating actions but no assurance of regaining compliance or securing extension.
- If not compliant by March 20, may get additional 180 days if other listing standards met.
- Delisting would materially impair ability to raise capital and harm financial condition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390023078802/0001213900-23-078802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390023078802/ea185664-8k_workhorse.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-078802

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