Workhorse Group, Inc
WKHSWorkhorse Group, Inc. is an American technology company that specializes in electric delivery vehicles and fleet management solutions. Founded in 2007, the company focuses on developing sustainable, zero-emission transportation options for commercial use, including electric trucks, drones, and related software. Workhorse's innovative approach aims to revolutionize last-mile delivery and logistics.
Company News
Workhorse Group shareholders voted to approve a merger with Motiv Electric Trucks, aiming to create a leader in medium-duty electric vehicle market. The transaction is expected to close in the coming weeks, pending regulatory approvals and financing arrangements.
Workhorse Group is recommending shareholders vote in favor of its transaction with Motiv Electric Trucks, supported by independent proxy advisory firms ISS and Glass Lewis who recognize the strategic value and potential benefits of the merger.
Law firm Halper Sadeh LLC is investigating potential securities law violations and fiduciary duty breaches for several companies involving mergers and sales transactions.
Law firm Brodsky & Smith is investigating potential breaches of fiduciary duties by boards of several companies during merger and acquisition processes, focusing on whether shareholders are receiving Fair value.
BT Brands announced an all-stock merger with Aero Velocity, a drone technology firm, pivoting from restaurant operations to advanced unmanned aerial systems and AI solutions. Aero Velocity shareholders will own approximately 89% of the merged entity, with the merger expected to close in late 2025 or early 2026.
