8-K filed April 27, 2026, 7:59 PM ET ticker WKHS CIK 0001425287

debt confidence high sentiment neutral materiality 0.60

Workhorse Group amends credit agreements, increases cash flow facility by $10M, defers rent

Workhorse Group Inc.

Cash flow credit agreement commitment increased from $10M to $20M; customer order commitment reduced from $40M to $30M.
CEO Scott Griffith receives employment letter with $600K base salary, 50% target bonus, and specified severance benefits.
Rent deferral on Union City manufacturing facility for five months from May to September 2026, lump sum due by Sept 30, 2026.
Amendment involves lender Motive GM Holdings II LLC and multiple guarantor subsidiaries.

item 1.01 item 2.03 item 5.02 item 8.01 item 9.01

Machine-readable event card

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accession: 0001628280-26-027522
form_type: 8-K
ticker: WKHS
cik: 0001425287
company_name: Workhorse Group Inc.
filed_at: 2026-04-27T23:59:59+00:00
discovered_at: 2026-05-14T18:02:32.268455+00:00
generated_at: 2026-05-15T03:47:04.752076+00:00
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event_type: debt
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Source-grounded claims

8b67a958b379184fb79233f62afe1a7f5ef10289

Workhorse Group Inc. amended credit facility of $20,000,000 with Motive GM Holdings II LLC.

amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

ae9c95a6750bc24f4b96debaad0db3912b9c96d1

Workhorse Group Inc. amended credit facility with Motive GM Holdings II LLC.

amends the Cash Flow Credit Agreement to defer interest payments on the additional $10,000,000 Loan made pursuant to the Omnibus Amendment until the first Interest Payment Date (as defined in the Cash Flow Credit Agreement) occurring after September 30, 2026

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

f321ad61f2262d259e760ce0ec712383e983fcbf

Workhorse Group Inc. amended credit facility of $30,000,000 with Motive GM Holdings II LLC.

amends the Customer Order Credit Agreement to reduce the Commitment thereunder from $40,000,000 to $30,000,000

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

89837fea6c6502db76eed211d3cbd004b03bbb85

Workhorse Group Inc. amended Omnibus Amendment No. 1 to Credit Agreements with Motive GM Holdings II LLC valued at from $10,000,000 to $20,000,000 (effective 2026-04-25).

On April 25, 2026, Workhorse Group Inc. (“Workhorse” or the “Company”) entered into an Omnibus Amendment No. 1 to Credit Agreements (the “Omnibus Amendment”), which amends the Company’s (i) Credit Agreement (Customer Orders) (the “Customer Order Credit Agreement”) and (ii) Credit Agreement (Cash Flow) (the “Cash Flow Credit Agreement” and together with the Customer Order Credit Agreement, the “Credit Agreements” and such transactions, collectively, the “Closing Debt Financing”), each dated as of December 15, 2025, by and among Workhorse, as borrower, certain subsidiaries of Workhorse, as guarantors, and Motive GM Holdings II LLC (“MGMH”), as lender.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

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amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

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amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

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amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

Comparable filing

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same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

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same fact type: material_agreement same SEC item: 1.01, 2.03, 8.01, 9.01 same event type: debt similar materiality

This filing

On April 25, 2026, Workhorse Group Inc. (“Workhorse” or the “Company”) entered into an Omnibus Amendment No. 1 to Credit Agreements (the “Omnibus Amendment”), which amends the Company’s (i) Credit Agreement (Customer Orders) (the “Customer Order Credit Agreement”) and (ii) Credit Agreement (Cash Flow) (the “Cash Flow Credit Agreement” and together with the Customer Order Credit Agreement, the “Credit Agreements” and such transactions, collectively, the “Closing Debt Financing”), each dated as of December 15, 2025, by and among Workhorse, as borrower, certain subsidiaries of Workhorse, as guarantors, and Motive GM Holdings II LLC (“MGMH”), as lender.

Comparable filing

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same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

Filing page SEC filing

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amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

Comparable filing

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Filing page SEC filing

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amends the Cash Flow Credit Agreement to increase the Commitment (as defined in the Cash Flow Credit Agreement) thereunder from $10,000,000 to $20,000,000

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Filing page SEC filing

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