Workhorse Group (WKHS) announced that at the 2025 annual meeting of shareholders held earlier, Workhorse shareholders voted to approve the merger with Motiv Electric Trucks. The transaction is expected to close in the coming weeks, subject to the satisfaction or waiver of customary closing conditions, including the entrance by Workhorse and Motiv’s largest investor into a new debt financing facility and the receipt of approval from Nasdaq.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WKHS:
- Workhorse Group Shareholders Approve Merger with Motiv
- Workhorse Group urges shareholders to vote for Motiv transaction
- Workhorse Group price target lowered to 65c from $1.50 at Roth Capital
- Workhorse Group’s Earnings Call Highlights Strategic Moves
- Workhorse Group Adjourns Annual Meeting for Merger Vote