WORKHORSE GROUP INC. (NASDAQ:WKHS) Files An 8-K Entry into a Material Definitive AgreementItem 9.01 Entry into a Material Definitive Agreement.
On June 28, 2018, Workhorse Group Inc. (the “Company”) entered into an amendment agreement with the holders of Senior Secured Notes in the principal amount of $5,750,000 dated December 27, 2017 (the “Notes”). The amendment agreement provided that the Notes were amended to provide a maturity date of July 6, 2018. The Company previously reported the execution of the Notes in a Current Report on Form 8-K filed on December 27, 2017.
The description of the terms and conditions of the amendment agreement do not purport to be complete and is qualified in its entirety by the full text of the form of amendment agreement, which is filed as an exhibit to this Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Workhorse Group Inc. ExhibitEX-10.1 2 f8k062918ex10-1_workhorse.htm FORM OF AMENDMENT AGREEMENT DATED JUNE 28,…To view the full exhibit click here
About WORKHORSE GROUP INC. (NASDAQ:WKHS)
Workhorse Group, Inc., formerly AMP Holding Inc., is a development-stage company. The Company designs, develops, manufactures and sells medium-duty trucks with powertrain components under the Workhorse chassis brand. The Company’s products include trucks comprising powertrain and chassis. Its powertrain products include E-GEN and E-100. Its chassis products include W88, W22, W42 and W62. E-GEN is an electric drive, transmission-free system, which has a gasoline/propane or compressed natural gas (CNG) engine that functions as an auxiliary generator. E-100, an all-electric, medium-duty truck, is an electric power-train. It focuses on offering W88 chassis with gross vehicle weight (GVW) ratings of 10,000 to 26,000 pounds. The W22 chassis is designed to meet the needs of the recreational vehicle market for weight ratings till over 26,000 GVW. The W42 chassis is designed for the 12,000 to 14,500 GVW vehicle market. The W62 chassis is designed for the 19,500 to 23,500 GVW vehicle market.