---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-106965"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:34:45.502253+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Workhorse Group auditor Grant Thornton declines reappointment; material weaknesses noted

## Summary
- Grant Thornton notified Workhorse on Dec 3, 2024 it will not stand for reappointment as independent auditor for FY2024.
- No disagreements on accounting principles or audit scope during 2022-2024; 2023 report included going-concern emphasis.
- Two material weaknesses: insufficient control precision on fair value of convertible note/warrant liability, and understaffed finance team due to cost cuts.
- No new independent auditor has been engaged as of filing date; company will disclose appointment in future Form 8-K.

## SEC filing metadata
- accession: 0001213900-24-106965
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390024106965/0001213900-24-106965-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390024106965/ea0223888-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-106965
- JSON: https://secwatch.observer/filing/0001213900-24-106965.json
- Plain text: https://secwatch.observer/filing/0001213900-24-106965.txt

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