Workhorse Group Inc. 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Workhorse Group Inc. on May 31, 2019. The report addresses a specific corporate event regarding the company's listing status on the NASDAQ Capital Market.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses solely on regulatory compliance status rather than financial performance.
Material Changes
On May 22, 2019, the Company received written notification from the NASDAQ Stock Market Listing Qualifications Staff confirming it has regained compliance with the $1.00 minimum closing bid price requirement (NASDAQ Listing Rule 5550(a)(2)). The closing bid price of the common stock remained at $1.00 per share or greater for at least 10 consecutive business days, resulting in the closure of the compliance matter.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies beyond the resolution of the specific listing compliance issue.
Key Facts for Investors to Verify
- Confirmation that the stock price has maintained the $1.00 minimum bid price threshold.
- Current trading status of the common stock (Symbol: WKHS) on the NASDAQ Capital Market.
- Any subsequent filings regarding financial performance or operational updates not covered in this specific 8-K.