secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2025-03-12T23:59:59+00:00
Accession:  0001213900-25-022950
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse Group announces 1-for-12.5 reverse stock split to regain Nasdaq compliance
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- Reverse split at 1-for-12.5, effective March 17, 2025; trading begins that day on Nasdaq under WKHS.
- Aims to raise share price above $1.00 to meet Nasdaq minimum bid price requirement.
- Company must close at $1.00+ for ten consecutive days by March 31, 2025 to avoid delisting.
- No fractional shares issued; fractional shares rounded up to nearest whole share.
- Authorized common shares reduced from 450M to 36M; par value unchanged at $0.001.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025022950/0001213900-25-022950-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025022950/ea0234041-8k_work.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-022950

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