---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-025166"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2024-03-22T23:59:59+00:00"
generated_at: "2026-06-04T09:00:33.728650+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Workhorse gets Nasdaq 180-day extension to Sep 16, 2024 to meet $1 bid price; plans reverse split vote

## Summary
- Nasdaq granted 180-day extension; must close at $1.00+ for 10 consecutive days by Sep 16, 2024.
- Company seeks stockholder approval for reverse split (1-for-10 to 1-for-20) at May 14 annual meeting.
- If bid price compliance not met by deadline, Nasdaq will delist; appeal possible but uncertain.
- Delisting would materially impair ability to raise capital and financial condition.

## SEC filing metadata
- accession: 0001213900-24-025166
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2024-03-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390024025166/0001213900-24-025166-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390024025166/ea0202400-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-025166
- JSON: https://secwatch.observer/filing/0001213900-24-025166.json
- Plain text: https://secwatch.observer/filing/0001213900-24-025166.txt

## Key facts
- Listing & Compliance Notices
  Workhorse Group Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: March 21, 2024, the Company received written notification from the Listing Qualifications Department of Nasdaq (the “Extension Notice”), granting the Company’s request for a 180-day extension to regain compliance with the Bid Price Requirement. The Company now has until September 16, 2024, to meet the Bid Price Requirement. If at any time prior to September 16, 2024, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive trading days, the Company will regain compliance with the Bid Price Requirement. The Extension Notice has no immediate e
  evidence_url: https://www.sec.gov/Archives/edgar/data/1425287/000121390024025166/0001213900-24-025166-index.htm

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