Core Viewpoint - Workhorse Group, Inc. is urging shareholders to vote in favor of all proposals at the upcoming Annual Meeting on November 12, 2025, emphasizing the importance of their participation in a potential merger with Motiv and other proposals [1][3][4]. Group 1: Shareholder Voting - Shareholders are encouraged to vote today for the transaction with Motiv and other proposals, as this could provide significant ownership in a leading medium-duty electric vehicle market company [3][7]. - The deadline for voting is set for 11:59 pm ET on November 11, 2025, and shareholders can vote online, by proxy card, or by phone [6][9]. - Independent proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co., have recommended that shareholders vote in favor of the merger, citing compelling strategic rationale and potential cost synergies [2][7]. Group 2: Company Outlook - If sufficient votes are not received, Workhorse may continue as an independent company, which could lead to liquidity issues and potential restructuring, resulting in minimal recovery for shareholders [4]. - The merger with Motiv is seen as a strategic move to enhance value for shareholders compared to a liquidation scenario [7]. - Workhorse Group is focused on the transition to zero-emission commercial vehicles, designing and building vehicles in the U.S. for various applications [11].
Workhorse Group Reminds Shareholders to Vote Today FOR All Proposals