other material
confidence high
sentiment negative
materiality 0.65
Workhorse adjourns annual meeting to Nov 25; quorum not reached, merger vote at risk
Workhorse Group Inc.
- Annual meeting adjourned to Nov 25, 2025 at 10:00 a.m. ET; quorum not achieved despite strong votes for all nine proposals.
- Proposals include merger with Motiv Power Systems; ISS and Glass Lewis recommend FOR the merger.
- Company urges shareholders to vote by Nov 25; failure to reach quorum could prevent transaction from closing.
- Shareholders of record as of Sep 18, 2025 are entitled to vote; voting by proxy, online, or phone available.