Reported about 12 hours ago
Workhorse Group Inc. (WKHS) has reentered an exclusivity period with a U.S.-based electric vehicle manufacturer to explore a potential merger. This new seven-day agreement follows a previous 14-day exclusivity period and aims to restrict negotiations with other parties. If a deal is reached, the manufacturer would merge into a subsidiary of Workhorse and receive shares in exchange. The company also clarified that these discussions may not result in a finalized agreement.
Source: YAHOO