Bankruptcy court approves reduction of Nu Ride's GUC reserve to $5.1M from $22.1M

NU RIDE INC.

GUC reserve cut by $17M to $5.1M; previously set at $22.1M as of Sep 30, 2025.
Approved by U.S. Bankruptcy Court for District of Delaware on Nov 17, 2025.
Reserve subject to increase upon request by Claims Ombudsman or creditors if circumstances change.
Company is currently in Chapter 11 bankruptcy proceedings (formerly Lordstown Motors).

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