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.
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