Workhorse Secures $200 Million Financing From Institutional Lenders
Workhorse Group Inc., 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…
Workhorse Enters Into Strategic Agreements With Hitachi And Hitachi Capital America
Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective electric drone-integrated vehicles to the last-mile delivery sector, announced today newly-formed strategic agreements between the Company and both Hitachi America, Ltd. (“Hitachi America”) and Hitachi Capital America…
Workhorse Announces Closing Of $70 Million Financing From Institutional Investor
Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced the closing of its previously announced financing agreement for a $70 million Senior Secured Convertible Note (the…
Workhorse Joins Small UAV Coalition As An Associate Member
Workhorse, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has joined the Small UAV Coalition as an Associate member. The Small UAV Coalition is a partnership whose Board members include…
Workhorse Appoints Auto Industry Veterans Jacqueline Dedo And Pamela Mader To Board Of Directors
Workhorse, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has appointed Jacqueline (“Jacqui”) Dedo and Pamela Mader, respectively, to its board of directors. With these additions, Workhorse’s board of directors is now…
Workhorse Receives $1.4 Million From U.S. SBA Through Its CARES Act Paycheck Protection Program
Workhorse Group, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, recently entered into a Paycheck Protection Program Term Note (“PNC Note”) with PNC Bank under the Paycheck Protection Program (“PPP”)…
