Workhorse Group Inc. Reenters Exclusivity Agreement for Potential Merger with U.S.-Based Electric Vehicle Manufacturer

Reuters

08/04

Workhorse Group Inc. Reenters Exclusivity Agreement for Potential Merger with U.S.-Based Electric Vehicle Manufacturer

Workhorse Group Inc. has announced that it has reentered an exclusivity agreement with a privately held U.S.-based manufacturer of electric commercial vehicles in relation to a potential transaction. The company had previously been in discussions about merging the manufacturer into a newly created subsidiary of Workhorse in exchange for newly issued shares of the company's common stock. After the initial exclusivity period ended on July 28, 2025, a new exclusivity agreement was established on August 4, 2025, reinstating the restrictions from the prior agreement for an additional seven days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Workhorse Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-070863), on August 04, 2025, and is solely responsible for the information contained therein.

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