secwatch.observer — SEC 8-K summary
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Issuer:     Workhorse Group Inc. (WKHS)
CIK:        0001425287
Form:       8-K
Filed at:   2026-08-12T20:34:51+00:00
Accession:  0001628280-26-056273
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workhorse ups cash-flow credit line to $40M, defers interest, issues 1.5M warrants
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- Cash Flow Credit Agreement commitment raised from $30M to $40M via Amendment No. 3 dated Aug 11, 2026.
- Interest on $20M of loans (Amendment No. 2 and No. 3 tranches) deferred until first Interest Payment Date after Jan 31, 2027.
- Issued warrants for 1.5M shares at $10.00 strike to MGMH (750k per $10M borrowing); exercisable immediately for 5 years.
- Rent deferral with Mango Workhorse extended: prior deferred rent plus Oct 2026-Jan 2027 rent due as lump sum by Jan 31, 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1425287/000162828026056273/0001628280-26-056273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1425287/000162828026056273/wkhs-20260811.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-056273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer