secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2025-04-17T23:59:59+00:00
Accession:  0001213900-25-032990
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse receives investor consent to release $3M from lockbox for Tenth Additional Note
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- Investor consented to release $3M from lockbox account tied to $35M Tenth Additional Note issued Feb 12, 2025.
- Funds release subject to market conditions; Company expects receipt on April 17, 2025.
- Lockbox account holds proceeds from $35M convertible note; monthly releases of $2.625M possible if conditions met.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025032990/0001213900-25-032990-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000121390025032990/ea0238737-8k_workhorse.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-032990

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer