Business

Workhorse Group Recommends Shareholders Follow Recommendations of Leading Independent Proxy Advisory Firms to Vote FOR Motiv Transaction Today

ISS and Glass Lewis Both Recognize Compelling Value Transaction Delivers to Workhorse Shareholders Visit votewkhs.com for Information on How to Vote CINCINNATI, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Workhorse Group, Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“G

articleWorkhorse Group, Inc.November 4, 202512/company/workhorse-group-inc/news/workhorse-group-recommends-shareholders-follow-recommendations-of-leading-independent-proxy-advisory-firms-to-vote-for-motiv-transaction-today
Workhorse Group Recommends Shareholders Follow Recommendations of Leading Independent Proxy Advisory Firms to Vote FOR Motiv Transaction Today

About this update from Workhorse Group, Inc.

[{"type":"image","alt":"Workhorse Group, Inc.","displaySize":"","headline":null,"caption":"Workhorse Group, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":130,"url":"https://media.zenfs.com/en/globenewswire.com/bfd1cd3219bc9fba56e55fe26d83cf11"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/5ZCth47MiEWrUk8GD2o_Iw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4MjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/bfd1cd3219bc9fba56e55fe26d83cf11","width":300,"height":130}},"lazy":false},{"type":"text","content":"ISS and Glass Lewis Both Recognize Compelling Value Transaction Delivers to Workhorse Shareholders","length":98,"tagName":"p"},{"type":"text","content":"Visit votewkhs.com for Information on How to Vote","length":49,"tagName":"p"},{"type":"text","content":"CINCINNATI, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Workhorse Group, Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced that leading independent proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) recommend that Workhorse shareholders vote FOR the Company’s transaction with Motiv Electric Trucks (“Motiv”) ahead of the upcoming 2025 Annual General Meeting of Shareholders (the “Annual Meeting”) on November 12, 2025.","length":588,"tagName":"p"},{"type":"text","content":"Rick Dauch, CEO of Workhorse, said, “We are pleased that ISS and Glass Lewis recognize that our transaction with Motiv represents a significant milestone for our Company and gives our shareholders the opportunity to participate in the potential upside of a leader in the medium-duty EV commercial vehicle market. We encourage our shareholders to vote FOR our transaction with Motiv today, as well as the other Annual Meeting proposals.”","length":436,"tagName":"p"},{"type":"text","content":"In making the recommendations in its report, ISS stated*:","length":57,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"“The transaction warrants support in light of the compelling strategic rationale and the board's reasonably thorough review of alternatives.”","length":145,"tagName":"p"}]},{"val":[{"type":"text","content":"“The strategic rationale appears compelling as the companies have complementary business...

More updates from Workhorse Group, Inc.

WorkhorseAnnual General Meetingtransactioncombined companyMotivGlass LewisSEC