PRIVATE, WKHS

, WKHS

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Date: --/--/-- --:--:--
Event Id: E5DOV72RS
Action Type: MERGER
Action Status: ANNOUNCED
Acquirer Symbol:
Target Symbol: WKHS
Updated: --/--/-- --:--:--
Purchase Price Per Share:
Price Per Share Currency:
News References: https://www.sec.gov/ix?doc=/Archives/edgar/data/1425287/000121390025097234/ea0258102-04.htm

Action Notes

Workhorse Group (Workhorse) and Motiv Electric Trucks (Motiv) have entered into a definitive merger agreement to combine. Under the merger agreement, following the completion of the all-stock transaction, the Motiv controlling investor will become the majority owner of the combined company and Workhorse shareholders will maintain a significant equity stake. The transaction is expected to close in Q4 2025, subject to Workhorse shareholder approval and other customary closing conditions. The Workhorse special shareholder meeting to vote on the transaction will be held on 11/12.