Workhorse Group 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; and investing 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.”
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