NU RIDE INC. — fact timeline

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).

“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.”

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).

“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.”

NU RIDE INC. entered into Loan and Security Agreement with Foxpoint Florida II, LLC valued at $5,500,000 loan to Borrower, 15% interest, maturity 2029-01-23, and equity interests of approximatel (effective 2026-01-23).

“On January 23, 2026, Nu Ride Inc. (the “ Company ”) entered into a Loan and Security Agreement with Foxpoint Florida II, LLC (“ Borrower ”) and certain other lenders party thereto (the “ LSA ”), pursuant to which the Company loaned Borrower $5.5 million (out of aggregate loan proceeds of $7.5 million) to finance the acquisition by Borrower of certain billboard leasehold assets, including structures and permits, in Florida (the “ Loan ”).”

NU RIDE INC.: Stockholders approved an amendment to the Third Amended and Restated Certificate of Incorporation (NOL Protective Amendment) effective December 15, 2025, to lower the ownership threshold to 4.75%, extend the protective provisions for ten years, restrict stockholder sales, and clarify treatment of pr (effective 2025-12-15).

“At the 2025 Annual Meeting, the stockholders approved an amendment to the Company’s Third amended and Restated Certificate of Incorporation (the “NOL Protective Amendment”), effective December 15, 2025, to (i) provide that the restrictions included in the NOL Protective Provisions apply to transactions involving any person or group of persons that is or as a result of such a transaction would become a 4.75% stockholder (i.e., would beneficially own, directly or indirectly, 4.75% or more of all issued and outstanding (x) capital stock of the Company, (y) common stock of the Company or (z) preferred stock of the Company), (ii) extend the expiration of the NOL Protective Provisions for a ten-year period after the 2025 Annual Meeting, (iii) extend the period of time in which existing 4.75% stockholders are restricted from selling Company securities for a ten-year period and (iv) clarify that the purported transferee in any prohibited transfer shall be deemed to hold the shares involved in”

NU RIDE INC. engaged BDO USA, P.C. as its auditor.

“The Audit Committee of the Board of Directors of the Company has approved the engagement of BDO USA, P.C. (“BDO”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2024, effective as of April 17, 2024.”

NU RIDE INC. dismissed KPMG LLP as its auditor.

“On April 17, 2024, Nu Ride Inc. (the “Company”) dismissed KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm.”

NU RIDE INC.: Amended and restated bylaws in their entirety with modified indemnification provisions.

“the Company's bylaws, as in effect immediately prior to the Effective Date, were amended and restated in their entirety (the "Second Amended and Restated Bylaws").”

NU RIDE INC.: Amended and restated certificate of incorporation in its entirety to reflect new company name, classified board, and NOL trading restrictions.

“the Company's Second Amended and Restated Certificate of Incorporation was amended and restated in its entirety (the "Third Amended and Restated Certificate of Incorporation").”

Alexandre Zyngier was appointed as director at NU RIDE INC..

“the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier.”

Neil Werner was appointed as director at NU RIDE INC..

“the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier.”

Michael J. Wartell was appointed as director at NU RIDE INC..

“the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier.”

Andrew L. Sole was appointed as director at NU RIDE INC..

“the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier.”

Alexander C. Matina was appointed as director at NU RIDE INC..

“the following persons were appointed to the board of directors of the Company as of the Effective Date (the “New Board”): Alexander C. Matina, Andrew L. Sole, Michael J. Wartell, Neil Werner and Alexandre Zyngier.”

Adam Kroll was terminated as executive officer at NU RIDE INC..

“the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll.”

Edward T. Hightower was terminated as executive officer at NU RIDE INC..

“the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll.”

Daniel A. Ninivaggi was terminated as executive officer at NU RIDE INC..

“the employment of the following executive officers of the Company was terminated: Messrs. Ninivaggi and Hightower and Adam Kroll.”

Angela Strand departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Dale Spencer departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Laura J. Soave departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Jane Reiss departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Edward T. Hightower departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

David T. Hamamoto departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Keith Feldman departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Joseph B. Anderson, Jr. departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

Daniel A. Ninivaggi departed as director at NU RIDE INC..

“the following persons no longer serve on the board of directors of the Company: Daniel A. Ninivaggi, Joseph B. Anderson, Jr., Keith Feldman, David T. Hamamoto, Edward T. Hightower, Jane Reiss, Laura J. Soave, Dale Spencer, and Angela Strand.”

NU RIDE INC. entered chapter 11 in U.S. Bankruptcy Court for the District of Delaware (petition 2023-06-27).

“on June 27, 2023 (the “Petition Date”), Lordstown Motors Corp., a Delaware corporation (the “Company”), and its subsidiaries (collectively, the “Debtors”), commenced voluntary proceedings under chapter 11 (“Chapter 11”) of the U.S. Bankruptcy Code (the “Bankruptcy Code”) in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).”

Melissa Leonard was terminated as Executive Vice President, General Counsel and Corporate Secretary at NU RIDE INC..

“The employment of Melissa Leonard, the Debtors’ Executive Vice President, General Counsel and Corporate Secretary, was terminated on December 29, 2023.”

NU RIDE INC. entered into Asset Purchase Agreement with LAS Capital LLC valued at $10 million in cash (effective 2023-09-29).

“On September 29, 2023, the Selling Entities entered into an Asset Purchase Agreement (the “Asset Purchase Agreement”) with LAS Capital and Mr. Stephen S. Burns, an individual, as guarantor of certain obligations of LAS Capital under the Asset Purchase Agreement.”

NU RIDE INC. received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

“June 28, 2023, the Company received written notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 11 Cases and in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, Nasdaq had determined that the Company’s Class A common stock, par value $0.0001 per share (the “Class A common stock”), will be delisted from the Nasdaq Global Select Market. The Company does not intend to appeal this determination. Trading of the Company’s Class A common stock will be suspended by Nasdaq at the opening of b”

NU RIDE INC. entered chapter 11 in United States Bankruptcy Court for the District of Delaware (petition 2023-06-27).

“the Company Parties are pursuing a restructuring through a voluntary petition also filed on June 27, 2023 under chapter 11 (“Chapter 11”) of the U.S. Bankruptcy Code (the “Bankruptcy Code”) in the Bankruptcy Court.”

NU RIDE INC.: Amended charter to effect a 1:15 reverse stock split of Class A common stock (effective 2023-05-24).

“The Board authorized a 1:15 reverse stock split (the “Reverse Stock Split”) of the outstanding Class A common stock, which will become effective as of 12:01 a.m. Eastern Time on May 24, 2023 (the “Effective Time”).”

NU RIDE INC. shareholders approved Approval of amendment to Charter to effect reverse stock split at a ratio ranging from 1:3 to 1:15, with Board discretion on timing and specific ratio.

“The Stockholders approved the amendment of the Company’s Charter to effect a reverse stock split of the Company’s Class A common stock at a ratio ranging from 1:3 to 1:15, and to authorize the Board to determine, at its discretion, the timing of the amendment and the specific ratio of the reverse stock split.”

NU RIDE INC. shareholders approved Non-binding advisory approval of compensation of named executive officers.

“The Stockholders approved, on a non-binding advisory basis, the compensation of our named executive officers, as set forth below.”

NU RIDE INC. shareholders approved Approval of amendment to 2020 Plan to increase number of shares of Class A common stock reserved under the plan by 8,000,000.

“The Stockholders approved the amendment of the 2020 Plan to increase the number of shares of Class A common stock reserved under the plan by 8,000,000, as set forth below.”

NU RIDE INC. shareholders approved Ratification of appointment of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-12-31 meeting.

“The Stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, as set forth below.”

NU RIDE INC. shareholders approved Election of Class III directors.

“The Stockholders elected each of the following Class III director nominees to serve for a term of three years and until their respective successors are duly elected and qualified, as set forth below.”

NU RIDE INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

“April 19, 2023, Lordstown Motors Corp. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, because the closing bid price for the Company’s Class A common stock has fallen below $1.00 per share for 30 consecutive business days (March 7, 2023 through April 18, 2023), the Company was no longer in compliance with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market (the “Bid Price Requirement”). The Notice”

NU RIDE INC. reported financial results for the quarter ended December 31, 2022.

“On March 6, Lordstown Motors Corp. (the “Company”) issued a press release reporting its financial results for the quarter ended December 31, 2022.”

NU RIDE INC.: Company filed Certificate of Designation designating 1,000,000 shares of Series A Convertible Preferred Stock with specified rights, preferences and limitations, effective November 18, 2022 (effective 2022-11-18).

“In connection with the Initial Closing, on November 18, 2022, the Company filed with the Secretary of the State of Delaware the previously disclosed form of Certificate of Designation, Preferences and Rights of the Series A Convertible Preferred Stock (the “Certificate of Designations”), designating 1,000,000 shares as Series A Convertible Preferred Stock and designating the rights, preferences and limitations of such shares, which became effective on November 18, 2022.”

NU RIDE INC. entered into Registration Rights Agreement with Foxconn (effective 2022-11-22).

“on November 22, 2022, the Company and Foxconn entered into the previously disclosed Registration Rights Agreement (the “Registration Rights Agreement”)”

NU RIDE INC. entered into Investment Agreement with Foxconn Ventures Pte. Ltd. valued at approximately $52.7 million (effective 2022-11-07).

“Lordstown Motors Corp. (the “Company”) entered into the Investment Agreement (the “Investment Agreement”) on November 7, 2022 with Foxconn Ventures Pte. Ltd.”

NU RIDE INC. reported financial results for the quarter ended September 30, 2022.

“On November 8, 2022, Lordstown Motors Corp. (the “Company”) issued a press release reporting its financial results for the quarter ended September 30,2022.”

NU RIDE INC. entered into Investment Agreement with Foxconn Ventures Pte. Ltd. valued at up to $70 million of Common Stock and up to $100 million of Preferred Stock (effective 2022-11-07).

“On November 7, 2022, Lordstown Motors Corp. (the “Company”), entered into an Investment Agreement (the “Investment Agreement”) with Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group (“Foxconn”), pursuant to which Foxconn agreed to make an additional equity investment (collectively, the “Investment Transactions”) in the Company in the form of up to $70 million of our Class A common stock, $0.0001 par value per share (the “Common Stock”), and up to $100 million of Series A Convertible Preferred Stock, $0.0001 par value per share (the “Preferred Stock,” and together with the Common Stock, the “Securities”).”

Dr. Donna Bell was appointed as Executive Vice President – Product Creation, Engineering and Supply Chain at NU RIDE INC..

“In addition, Dr. Donna Bell joined the Company as its Executive Vice President – Product Creation, Engineering and Supply Chain effective as of July 11, 2022.”

Edward T. Hightower was appointed as Class III director at NU RIDE INC..

“In addition, the Board increased the size of the Board from eight to nine members and appointed Mr. Hightower as a Class III director of the Board, with a term ending at the annual meeting of stockholders in 2023.”

Edward T. Hightower was appointed as Chief Executive Officer and President at NU RIDE INC..

“Effective July 12, 2022, the Board of Directors (the “Board”) appointed the Company’s current Chairman of the Board and Chief Executive Officer, Daniel A. Ninivaggi, to serve as the Executive Chair of the Board, and Edward T. Hightower, the Company’s current President, to serve as Chief Executive Officer and President.”

Daniel A. Ninivaggi was appointed as Executive Chair of the Board at NU RIDE INC..

“Effective July 12, 2022, the Board of Directors (the “Board”) appointed the Company’s current Chairman of the Board and Chief Executive Officer, Daniel A. Ninivaggi, to serve as the Executive Chair of the Board”

Laura J. Soave was elected as Director at NU RIDE INC..

“elected three Class II directors, Angela Strand, Joseph B. Anderson and Laura J. Soave”

Joseph B. Anderson was elected as Director at NU RIDE INC..

“elected three Class II directors, Angela Strand, Joseph B. Anderson and Laura J. Soave”

David T. Hamamoto was appointed as lead independent director at NU RIDE INC..

“David T. Hamamoto, a current independent director and Chairman of the Nominating and Corporate Governance Committee of the Board will serve as lead independent director, also effective following the 2022 Annual Meeting.”