Workhorse Group Inc. (WKHS) Form 8-K — Aug 12, 2026
$WKHSForm 8-KItems 1.01, 2.03, 3.02, 8.01, 9.01Filed Aug 12, 2026, 4:34 PM ET0001628280-26-056273Original filing
Workhorse Group entered into Amendment No. 3 to its Cash Flow Credit Agreement with lender Motive GM Holdings II LLC on August 11, 2026, increasing the commitment under the facility from $30 million to $40 million. The amendment defers interest on the $20 million of loans added under Amendments No. 2 and No.
Key figures
- Debt Amount
- 40000000
- Warrant term
- 5 years
- Warrant shares
- 1500000
- Prior commitment
- $30,000,000
- Commitment increase
- $10,000,000
- Rent deferral period
- May 2026 through January 2027 (includes previously deferred May-September 2026 payments plus October 2026-January 2027)
- Warrant exercise price
- $10.00 per share
- Deferred interest loans
- $20,000,000
- Interest deferral until
- first Interest Payment Date after January 31, 2027
- Rent deferral lump sum due
- January 31, 2027
Price after filing
1 day: -1.6%7 days: +8.1%30 days: -2.6%
Close on the filing date to close N calendar days later (from $3.09). Historical, not a forecast.
AI analysis
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