---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-021938"
form_type: "8-K"
ticker: "WKHS"
cik: "0001425287"
company_name: "Workhorse Group Inc."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T01:03:40.319470+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Workhorse Group secures $3M release from lockbox from $35M convertible note

## Summary
- On March 7, 2025, investor consented to release $3M from lockbox tied to $35M convertible note issued Feb 12, 2025.
- Funds expected to be received March 10, 2025, less fees and expenses, subject to conditions.
- The lockbox release is part of prior securities purchase agreement for up to $139M in convertible notes and warrants.
- Company issued Tenth Additional Note of $35M and warrant for 55M shares on Feb 12, 2025.

## SEC filing metadata
- accession: 0001213900-25-021938
- form_type: 8-K
- ticker: WKHS
- cik: 0001425287
- company_name: Workhorse Group Inc.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1425287/000121390025021938/0001213900-25-021938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425287/000121390025021938/ea0233716-8k_workhorse.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-021938
- JSON: https://secwatch.observer/filing/0001213900-25-021938.json
- Plain text: https://secwatch.observer/filing/0001213900-25-021938.txt

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