---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-027277"
form_type: "8-K"
ticker: "NRDE"
cik: "0001759546"
company_name: "NU RIDE INC."
filed_at: "2026-06-04T20:30:34+00:00"
generated_at: "2026-06-04T21:03:50.331596+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Nu Ride to acquire Affinity Advisory for ~$9.6M in cash, stock, and earnout

## Summary
- Total consideration of ~$9.6M includes $6.72M cash, 80,000 Class A shares, plus earnout up to $1.312M; closing expected in Q3 2026.
- Affinity generated over $3.5M revenue (12 months ended March 31, 2026); nationwide network across 700+ cities.
- Robert Hall will continue as CEO of subsidiary; new employment agreement with $125K base salary and equity bonuses.
- Transaction structured via subsidiary Affinity Advisory Holding Corp., with Sellers retaining 15% ownership.
- Share issuance is unregistered, exempt under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001493152-26-027277
- form_type: 8-K
- ticker: NRDE
- cik: 0001759546
- company_name: NU RIDE INC.
- filed_at: 2026-06-04T20:30:34+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-027277
- JSON: https://secwatch.observer/filing/0001493152-26-027277.json
- Plain text: https://secwatch.observer/filing/0001493152-26-027277.txt

## Key facts
- Material Agreements
  NU RIDE INC. entered into Membership Interest Purchase Agreement with Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall valued at $6,720,000 (effective 2026-06-02).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall
  - Value: $6,720,000
  - Effective: 2026-06-02
  source text: On June 2, 2026 (the “Signing Date”), Affinity Advisory Holdings Corp., a Delaware corporation (the “Buyer”) and a wholly-owned subsidiary of Nu Ride Inc. (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) with Affinity Advisory Network, LLC and AAN Wealth Advisors, LLC (together, “Affinity”), HIH M MFTG Trust and The Hall Companies Corporate Ohio Legacy Trust (the “Sellers”), and Robert Hall pursuant to which the Buyer agreed to acquire 100% of the issued and outstanding membership interests of Affinity from the Sellers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm
- Material Agreements
  NU RIDE INC. entered into Stockholders Agreement with the Buyer, the Company, and the Sellers (Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall) (effective 2026-06-02).
  - Action: entry
  - Counterparty: the Buyer, the Company, and the Sellers (Affinity Advisory Network, LLC, AAN Wealth Advisors, LLC, HIH M MFTG Trust, The Hall Companies Corporate Ohio Legacy Trust, and Robert Hall)
  - Effective: 2026-06-02
  source text: On the Signing Date, the Buyer, the Company and the Sellers also agreed to a Stockholders Agreement (the “Stockholders Agreement”) to be entered into at closing of the transaction, governing the ongoing governance and ownership of the Buyer following the closing of the acquisition.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1759546/000149315226027277/0001493152-26-027277-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.