Roth Capital Downgrades Workhorse Group (WKHS) to Neutral; USPS Contract Award Decision Delayed

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. SPY
3. GLOB
4. RDDT
5. HTFL
6. SNDK
7. WDAY
8. ADYEN:NA
9. DVLT
10. ADYYF

Go back to Roth Capital Downgrades Workhorse Group (WKHS) to Neutral; USPS Contract Award Decision Delayed

Workhorse Secures $200 Million Financing from Institutional Lenders

October 12, 2020 8:00 AM EDT

CINCINNATI, Oct. 12, 2020 /PRNewswire/ -- Workhorse Group Inc. (Nasdaq: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, has entered into a note purchase agreement (the "NPA") under which it will sell $200 million aggregate principal amount of its 4.0% Senior Secured Convertible Notes due 2024 (the "Notes") to two institutional lenders.  The proceeds of the offering before... More