Workhorse Group Announces 1-for-12 Reverse Stock Split Effective December 8, 2025

Workhorse Group Inc.

Stockholders approved reverse split on Nov 25, 2025; Board set ratio at 1-for-12.
Reverse split effective Dec 8, 2025; shares trade split-adjusted on Nasdaq at market open.
Every 12 pre-split shares become 1 post-split share; fractional shares rounded up; outstanding shares to reduce from ~26 million to ~2.17 million.
Reverse split aims to meet Nasdaq minimum share price requirements for proposed merger with Motiv Power Systems.
No change to authorized shares or trading symbol (WKHS); new CUSIP 98138J503.

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