secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2024-06-17T23:59:59+00:00
Accession:  0001213900-24-053399
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse Group effects 1-for-20 reverse stock split to regain Nasdaq compliance
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- Reverse split at 1-for-20 ratio effective June 17, 2024; authorized share count unchanged.
- Exercise price and share counts of outstanding options, warrants, and RSUs adjusted accordingly.
- Equity incentive plan share reserves not affected by the reverse split.
- Action aims to meet Nasdaq minimum bid price requirement; continued compliance not guaranteed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390024053399/0001213900-24-053399-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390024053399/ea0207996-8k_workhorse.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-053399

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