{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-083554","form_type":"8-K","ticker":"WKHS","cik":"0001425287","company_name":"Workhorse Group Inc.","filed_at":"2024-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:08.419767+00:00","generated_at":"2026-05-30T23:14:09.047203+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Workhorse issues $3.4M convertible note with 9% interest and warrant to raise capital","bullets":["Issued Fifth Additional Note for $3.4M principal, net proceeds $2.975M after 12.5% OID.","Note bears 9% annual interest, convertible at lower of $0.5983 or 87.5% 10-day VWAP, subject to Floor Price $0.1693.","Also issued warrant to purchase up to 4,546,024 shares at $1.2684/share, exercisable for 10 years.","Total prior notes issued under same agreement: $28.9M principal; $5.95M still outstanding as of Sept 27, 2024.","Additional closings possible for up to $106.7M in aggregate principal under the Securities Purchase Agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-083554","json":"https://secwatch.observer/filing/0001213900-24-083554.json","markdown":"https://secwatch.observer/filing/0001213900-24-083554.md","text":"https://secwatch.observer/filing/0001213900-24-083554.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024083554/0001213900-24-083554-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425287/000121390024083554/ea0216064-8k_workhorse.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T23:14:09.047203+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}