Workhorse Group regains Nasdaq minimum bid compliance after reverse stock split

Workhorse Group Inc.

Received formal Nasdaq notice on April 2, 2025 confirming compliance with Listing Rule 5550(a)(2).
Effected 1-for-12.5 reverse stock split on March 17, 2025 to boost share price.
Previously out of compliance since October 2, 2024 when bid price fell below $1.00 for 30 consecutive days.
Minimum bid requirement satisfied by achieving closing bid price above $1.00 for ten consecutive trading days.

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