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WORKHORSE GROUP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Merger of Workhorse Group Inc. - WKHS

1. KSF investigates the merger of Workhorse and Motiv Electric Trucks. 2. Workhorse shareholders may own about 26.5% of the merged entity. 3. The investigation examines if the merger is fair to Workhorse shareholders. 4. Concerns over merger fairness could impact shareholder sentiment. 5. Potential legal actions could influence merger completion timing.

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FAQ

Why Neutral?

While the merger could provide stability, ongoing legal scrutiny raises uncertainty. Historically, similar investigations can diminish investor confidence temporarily.

How important is it?

The merger's outcome and fairness investigation could significantly influence shareholder value and perceptions.

Why Short Term?

The investigation may sway share price in the short run before a clearer outcome, as market sentiment often reacts swiftly.

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Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Workhorse Group Inc. (NasdaqCM: WKHS) and Motiv Electric Trucks. Upon completion of the proposed transaction, Workhorse shareholders will own approximately 26.5% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Workhorse shareholders.

If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqcm-wkhs/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

Kahn Swick & Foti, LLC

Managing Partner

Lewis S. Kahn

lewis.kahn@ksfcounsel.com

855-768-1857

1100 Poydras St., Suite 960

New Orleans, LA 70163

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