Workhorse Group Inc. entered into a share purchase agreement with new investor Lincoln Park Capital Fund, LLC, a fund managed by Lincoln Park Capital, LLC for gross proceeds of up to $50,000,000 on December 12, 2023. The company may sell the shares to the purchaser over the 24-month term of the purchase agreement. The company agreed to issue 3,775,105 shares to the purchaser as a fee for its commitment to purchase shares.
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5-day change | 1st Jan Change | ||
0.157 USD | -0.13% | -2.67% | -56.39% |
Apr. 25 | UPS, FedEx transition to electric vans slowed by battery shortages, low supply | RE |
Apr. 24 | Workhorse Group Adds Milea Truck Sales and Leasing, Expanding New York Presence | CI |
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-56.39% | 49.39M | |
+35.50% | 300B | |
+18.88% | 82.12B | |
+5.58% | 71.52B | |
+7.42% | 70.32B | |
+19.41% | 53.62B | |
+27.62% | 52.28B | |
+4.92% | 51.06B | |
+28.00% | 43.93B | |
+22.60% | 39.41B |
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- Workhorse Group Inc. announced that it expects to receive $50 million in funding from Lincoln Park Capital, LLC