{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-043022","form_type":"8-K","ticker":"WKHS","cik":"0001425287","company_name":"Workhorse Group Inc.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.361651+00:00","generated_at":"2026-06-02T00:37:01.144156+00:00","sec_items":["5.07","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Workhorse shareholders approve reverse stock split up to 1:20 to maintain Nasdaq listing","bullets":["Stockholders approved reverse split of common shares at ratio 1:10 to 1:20, board discretion, before Aug 30, 2024, to comply with Nasdaq rules.","Stockholders approved issuance of shares underlying senior secured convertible notes and warrants under Nasdaq Rule 5635(D).","All seven director nominees re-elected for one-year terms; advisory 'say-on-pay' and frequency votes passed.","Ratification of Grant Thornton LLP as independent auditor for fiscal 2024 approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-043022","json":"https://secwatch.observer/filing/0001213900-24-043022.json","markdown":"https://secwatch.observer/filing/0001213900-24-043022.md","text":"https://secwatch.observer/filing/0001213900-24-043022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/ea0206118-8k_workhorse.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:37:01.144156+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2768c4468a3d175c774092478bd299fb0a52fb32","claim":"Workhorse Group Inc. shareholders approved Approval, on an advisory basis, of the compensation of named executive officers at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 2 – Approval, on an advisory basis, of the compensation of named executive officers Votes For Votes Against Abstentions Broker Non-Votes Votes Cast 41,006,830 25,258,757 3,358,673 89,408,274 The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"7b981f623c76e69f3e64cda198a6de57ce9b90f6","claim":"Workhorse Group Inc. shareholders approved Election of seven nominees to serve on the Board of Directors at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 1 - Election of seven nominees to serve on the Board of Directors until the next annual meeting or until their respective successors are duly elected and qualified. Nominee Votes For Votes Against Abstentions Broker Non-Votes Raymond J. Chess 44,155,363 22,919,916 2,548,981 89,408,274 Richard F. Dauch 51,032,945 16,465,023 2,126,292 89,408,274 Jacqueline A. Dedo 44,205,829 22,952,143 2,466,288 89,408,274 Pamela S. Mader 45,662,736 21,507,970 2,453,554 89,408,274 William G. Quigley III 45,426,256 21,715,718 2,482,286 89,408,274 Austin S. Miller 46,119,638 21,056,003 2,448,619 89,408,274 Dr. Jean Botti 46,125,228 21,021,534 2,477,498 89,408,274 The shareholders elected all seven of the nominees as directors.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"7c63a74d474d5aaaf493048a3f4c987470f16c82","claim":"Workhorse Group Inc. shareholders approved Approval, on an advisory basis, of the frequency of voting on named executive officer compensation at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 3 – Approval, on an advisory basis, of the frequency of voting on named executive officer compensation One Year Two Years Three Years Abstentions Broker Non-Votes Votes Cast 55,408,269 1,293,948 9,719,840 3,202,203 89,408,274 The shareholders approved, on an advisory basis, a yearly frequency of voting on named executive officer compensation.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay frequency"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"b765f8b0b4aadcbe1ea43c6f3039a45cb7f0c9b2","claim":"Workhorse Group Inc. shareholders approved Approval of the proposed issuance of the maximum number of shares of the Company’s common stock underlying the Company’s senior secured convertible notes and warrants to purchase common stock at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 5 – Approval, for the purposes of Nasdaq Listing Rule 5635(D), the proposed issuance of the maximum number of shares of the Company’s common stock underlying the Company’s (A) senior secured convertible notes and (B) warrants to purchase common stock. Votes For Votes Against Abstentions Broker Non-Votes Votes Cast 35,204,064 31,832,919 2,587,277 89,408,274 The shareholders approved the proposed issuance of the Company’s common stock.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"d580c25ad251e274a739d2ccce2b0bbbff06f0fd","claim":"Workhorse Group Inc. shareholders approved Approval of a reverse stock split of the Company’s outstanding shares of common stock by a ratio of any whole number between 1-for-10 and 1-for-20 at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 4 – Approval, pursuant to Nevada Revised Statutes 78.2055, of a reverse stock split of the Company’s outstanding shares of common stock by a ratio of any whole number between 1-for-10 and 1-for-20, at any time prior to August 30, 2024, to be determined at the discretion of the Board of Directors, for the purpose of complying with the Nasdaq Listing Rules, subject to the Board’s discretion to abandon such reverse stock split. Votes For Votes Against Abstentions Broker Non-Votes Votes Cast 90,195,037 65,160,755 3,676,742 0 The stockholders approved the proposed reverse stock split.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"reverse split"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"},{"claim_id":"f9770b8dc08456ba84c63dc57d269faab7a1d436","claim":"Workhorse Group Inc. shareholders approved Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2024 at the 2024-05-14 meeting.","evidence_excerpt":"Proposal 6 – Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2024. Votes For Votes Against Abstentions Broker Non-Votes Votes Cast 130,154,367 21,611,313 7,266,854 0 The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2024.","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024043022/0001213900-24-043022-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-14"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}