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Workhorse Group Reminds Stockholders to Vote “FOR” the Proposal to Increase the Number of Authorized Shares
CINCINNATI, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on
About this update from Workhorse Group, Inc.
[{"type":"text","content":"CINCINNATI, Aug. 22, 2023 (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 reminded stockholders to vote “FOR” the proposal to increase the number of shares of Workhorse common stock at the upcoming Special Meeting scheduled for August 28, 2023. The Company issued the following statement: We have made significant, tangible progress on our strategic plans to deliver value to stockholders and customers. We need support from our stockholders so we can obtain the financing we need to continue executing on our clear path forward. A vote FOR the proposal to increase the number of our authorized shares is a vote for Workhorse to continue: advancing its commercial EV product roadmap;growing the Aero business; andinvesting in its facilities and other operational initiatives. We encourage stockholders to follow the recommendations of leading independent proxy advisors ISS and Glass Lewis and help us build a financial bridge to continued growth and long-term stockholder value by voting “FOR” the proposal today. YOUR VOTE IS IMPORTANT - VOTE TODAY! The Special Meeting is scheduled to be held on August 28, 2023. Workhorse stockholders of record at the close of business on July 10, 2023 (the “Record Date”), are entitled to vote at or in advance of the special meeting. Workhorse stockholders can visit www.VoteWKHS.com for additional information on the upcoming Special Meeting and proposal. Holders of a majority of ALL our shares of common stock are required to vote in favor of this proposal for it to be approved. Because of this, it is imperative that every stockholder who wants Workhorse to be able to achieve the goals described above vote their shares FOR the proposal today. Please follow the instructions shown on the proxy card or voting instruction form to vote your shares today. You can vote online or by phone until 11:59 P.M. ET on August 27, 2023. Or you can sign and mail in your proxy card. Stockholders who have questions or need assistance voting your shares, please contact Morrow Sodali, Workhorse’s proxy solicitor: Phone: [email protected] Answering Stockholder Questions Workhorse is holding a webcast to discuss the Special Meeting and answer stockholder ...