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.
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
1.335 USD | -1.84% |
|
-14.64% | -81.39% |
Jun. 27 | Workhorse Group Inc. Expands Product Offering with Upfit Solutions from Surefitters | CI |
Jun. 13 | Workhorse Group to Implement 1-for-20 Reverse Stock Split | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-81.11% | 25.52M | |
+28.12% | 283B | |
+4.67% | 69.68B | |
-4.43% | 60.07B | |
+18.21% | 53.62B | |
+29.16% | 53.27B | |
+4.96% | 51.38B | |
+38.08% | 44.27B | |
+27.28% | 43.88B | |
+66.57% | 38.75B |
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- News Workhorse Group Inc.
- Workhorse Group Inc. announced that it expects to receive $50 million in funding from Lincoln Park Capital, LLC