{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-012508","form_type":"8-K","ticker":"WKHS","cik":"0001425287","company_name":"Workhorse Group Inc.","filed_at":"2025-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.598499+00:00","generated_at":"2026-05-26T22:52:46.085537+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Workhorse issues $35M 9% convertible note and 55M-share warrant to institutional investor","bullets":["Issued $35M Tenth Additional Note (12.5% OID, net proceeds ~$30.6M before fees) and warrant to purchase 55,045,655 shares at $0.6999.","Note bears 9% interest (18% on default), matures in one year, convertible at lower of $0.4244 or 87.5% of 10-day VWAP (floor $0.10).","Proceeds placed in lockbox; monthly releases of $2.625M subject to minimum stock price and volume conditions.","Waiver permits up to $5M ATM offering without anti-dilution provisions through October 2025.","This is the 11th supplemental indenture under existing $139M framework; $8.35M of prior notes remain outstanding."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-012508","json":"https://secwatch.observer/filing/0001213900-25-012508.json","markdown":"https://secwatch.observer/filing/0001213900-25-012508.md","text":"https://secwatch.observer/filing/0001213900-25-012508.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1425287/000121390025012508/0001213900-25-012508-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1425287/000121390025012508/ea0230729-8k_workhorse.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T22:52:46.085537+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"}