Workhorse Group announces 1-for-20 reverse stock split effective June 17, 2024

Workhorse Group Inc.

Reverse split ratio 1-for-20 approved by board; effective June 17, 2024, to regain Nasdaq minimum bid price compliance.
Nasdaq compliance deadline September 16, 2024; stock must close at $1.00+ for 10 consecutive days.
No fractional shares issued; fractional interests rounded up to nearest whole share.
Authorized shares unchanged; outstanding options, warrants, and RSUs proportionately adjusted.
Trading symbol remains WKHS; new CUSIP 98138J305; Empire Stock Transfer is exchange agent.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.