Workhorse Group Inc. Files Definitive Additional Materials

TL;DR

Workhorse Group Inc. dropped more shareholder docs, check 'em out.

AI Summary

Workhorse Group Inc. filed a Definitive Additional Materials filing (DEFA14A) on November 12, 2025. This filing is related to their proxy statement and concerns materials provided to shareholders. The company, formerly known as AMP Holding Inc. and Title Starts Online, Inc., is incorporated in Nevada and headquartered in Loveland, Ohio.

Why It Matters

This filing indicates that Workhorse Group Inc. is providing supplementary information to its shareholders, which could pertain to upcoming votes, corporate actions, or other important shareholder matters.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of additional proxy materials and does not inherently present new financial risks.

Key Players & Entities

• Workhorse Group Inc. (company) — Registrant
• AMP Holding Inc. (company) — Former Company Name
• Title Starts Online, Inc. (company) — Former Company Name

FAQ

Key Financial Figures

• $85K — orders W56 step van eligible for up to $85K in base incentives per vehicle through
• $17.5 million — proximately $ 1.2 million Q3/Q3 YOY and $17.5 million YTD YOY through disciplined cost manage
• $20 million — ny Shareholder Value Creation Completed $20 million sale - leaseback of Union City facility
• $5 million — - leaseback of Union City facility and $5 million convertible note financing Simplifi ed
• $2.4 million — ended September 30, 2025, and 2024 were $2.4 million and $2.5 million, respectively. For the
• $2.5 m — 0, 2025, and 2024 were $2.4 million and $2.5 million, respectively. For the three mont
• $0.1 million — mber 30, 2025, the decrease in sales of $0.1 million was primarily due to lower sales of app
• $2.3 million — ily due to lower sales of approximately $2.3 million related to the sale of fewer trucks in
• $2.2 million — eriod in 2024, offset by an increase of $2.2 million related to the recognition of seven veh
• $10.1 million — ended September 30, 2025, and 2024 were $10.1 million and $6.6 million, respectively. The inc
• $6.6 m — , 2025, and 2024 were $10.1 million and $6.6 million, respectively. The increase in co
• $3.5 million — ively. The increase in cost of sales of $3.5 million was primarily a result of an increase i
• $3.3 million — tory excess and obsolescence reserve of $3.3 million. Operating Expenses Selling, general an
• $7.8 — ended September 30, 2025, and 2024 were $7.8 and $7.7 million, respectively. The inc
• $7.7 m — tember 30, 2025, and 2024 were $7.8 and $7.7 million, respectively. The increase in SG

Filing Documents

• ea0265179-defa14a_workhorse.htm (DEFA14A) — 54KB
• image_001.jpg (GRAPHIC) — 178KB
• image_002.jpg (GRAPHIC) — 157KB
• image_003.jpg (GRAPHIC) — 210KB
• image_004.jpg (GRAPHIC) — 577KB
• image_005.jpg (GRAPHIC) — 377KB
• image_006.jpg (GRAPHIC) — 287KB
• image_007.jpg (GRAPHIC) — 279KB
• image_008.jpg (GRAPHIC) — 427KB
• image_009.jpg (GRAPHIC) — 272KB
• image_010.jpg (GRAPHIC) — 176KB
• image_011.jpg (GRAPHIC) — 212KB
• image_012.jpg (GRAPHIC) — 175KB
• 0001213900-25-108493.txt ( ) — 4635KB

From the Filing

ADDITIONAL MATERIALS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under § 240.14a-12 WORKHORSE GROUP INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials. Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a- 6(i)(1) and 0-11 This Schedule 14A filing consists of communications from Workhorse Group Inc. (“Workhorse” or the “Company”), to the Company’s employees, customers, partners and analysts relating to the Agreement and Plan of Merger, dated August 15, 2025, by and among the Company, Motiv Power Systems, Inc., a Delaware corporation (“Motiv”), Omaha Intermediate 2, Inc., a Delaware corporation, Omaha Intermediate, Inc., a Delaware corporation, and Omaha Merger Subsidiary, Inc., a Delaware corporation (the “Merger Agreement”). Today, the following communication was distributed by the Company: November 11, 2025 Q3 2025 Earnings Call Copyright 2025 Workhorse. Confidential & Proprietary | 2 Bob Ginnan CFO, Workhorse Stan March VP, Corporate Development, Workhorse Today's Presenters Rick Dauch CEO, Workhorse 25+ years of senior finance and leadership experience Refined capital structures for firms in multiple industries Executed multiple accounting and information technology ("IT") system installations 29+ years of executive experience across multiple industrial sectors Extensive M&A, public affairs, investor relations and corporate communications experience 30+ years of automotive industry experience 19 years serving in CEO roles Multiple public and private board memberships Agenda Introduction Business Update Q3 2025 Financials Near - Term Priorities Q&A Copyright 2025 Workhorse. Confidential & Proprietary | 4 Disclaimer 1/2 Cautionary Note Regarding Forward - Looking Statements This communication contains "forward - looking statements" within the meaning of Section 21E of the Exchange Act, and the Private Securities Litigation Reform Act of 1995, as amended. All statements other than statements of historical fact included or incorporated by reference in this communication, including, among other things, statements regarding the proposed me rger transaction between Workhorse and Motiv, future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, the anticipated impact of the proposed transaction on the combined company's business and future financial and operating results, the expected amount and timing of synergies from the proposed transaction, the anticipated closing date for the proposed transaction and other aspects of the c omb ined company's operations or operating results are forward - looking statements. Forward - looking statements may be identified by the use of the words "believe", "plan", "expect", "estimate", "budget", "schedule", "forecast", "intend" , " anticipate", "target", "project", "contemplate", "predict", "potential", or "continue", and similar words or variations of su ch words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might", "will" or "wil l b e taken", "occur" or "be achieved". However, the absence of these words does not mean that the statements are not forward - looking. Where, in any forward - looking statement, Workhorse expresses an expectation or belief as to future results, suc h expectation or belief is expressed in good faith and believed to be reasonable at the time such forward - looking statement is made. However, these statements are not guarantees of future performance and involve certain risks, uncertaintie s a nd other factors beyond the parties' control. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in the forward - looking statements. The following risks and uncertainties, among others, could cause actual results or events to differ materially from those des cri bed in forward - looking statements: the parties' ability to successfully integrate their businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected be nefits and synergies of the proposed transaction may not be fully achieved in a timely manner, or at all; the risk associated with Workhorse's ability to o

View Full Filing

View this DEFA14A filing on SEC EDGAR