{"filing":{"accession_number":"0001628280-26-056273","cik":"0001425287","ticker":"WKHS","company_name":"Workhorse Group Inc.","form":"8-K","filing_date":"2026-08-12","report_date":"2026-08-11","primary_document":"wkhs-20260811.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1425287/000162828026056273/wkhs-20260811.htm"},"events":[{"id":27295,"run_id":24861,"accession_number":"0001628280-26-056273","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.88,"summary":"Workhorse entered into Amendment No. 3 to its Cash Flow Credit Agreement on August 11, 2026, increasing the credit commitment from $30 million to $40 million and adding a $10 million loan with deferred interest payments. The amendment obligates the company to issue 1.5 million warrants with a $10.00 exercise price as part of the financing structure.","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12","form":"8-K","submitted_at":null,"items":[{"id":28753,"accession_number":"0001628280-26-056273","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Workhorse entered into Amendment No. 3 to its Cash Flow Credit Agreement on August 11, 2026, which increases the credit commitment from $30 million to $40 million and includes an additional $10 million loan with deferred interest payments. The amendment also obligates the company to issue 1.5 million warrants with a $10.00 exercise price. This constitutes creation of new direct financial obligations through amendment of an existing credit facility, which is the hallmark of debt_issuance. The warrant issuance is a dilutive component of the debt financing structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"","ticker":null,"filing_date":""},{"id":28754,"accession_number":"0001628280-26-056273","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" and the disclosure incorporates by reference Amendment No. 3 and Warrants from Item 1.01, indicating a new financial obligation or debt-related transaction. The reference to warrants and amendments suggests a structured financing or debt issuance with equity components, which is material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":27296,"run_id":24861,"accession_number":"0001628280-26-056273","anchor_item_number":"3.02","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"summary":"Workhorse sold 1.5 million unregistered warrants to MGMH in reliance on Section 4(a)(2) and Rule 506 exemptions as part of the credit facility amendment. The warrants are restricted securities bearing restrictive legends and represent a dilutive equity issuance.","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12","form":"8-K","submitted_at":null,"items":[{"id":28755,"accession_number":"0001628280-26-056273","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of Warrants by Workhorse Group to MGMH in reliance on Section 4(a)(2) and Rule 506 exemptions. The Warrants are restricted securities that will bear restrictive legends. This is a classic dilutive issuance of equity securities sold in a private placement, which is material to investors as it increases share dilution and signals capital-raising activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":27297,"run_id":24861,"accession_number":"0001628280-26-056273","anchor_item_number":"8.01","event_type":"operational_other","event_domain":"operational","is_material":true,"confidence":0.72,"summary":"Workhorse negotiated a second deferral of rent payments, extending the deferral period through January 2027 (previously May–September 2026), indicating ongoing liquidity constraints and inability to meet lease obligations on schedule.","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12","form":"8-K","submitted_at":null,"items":[{"id":28756,"accession_number":"0001628280-26-056273","item_number":"8.01","item_title":"Other Events","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Workhorse has negotiated a second deferral of rent payments—first for May–September 2026, now extended through January 2027—indicating inability to meet its lease obligations on schedule. While technically a negotiated arrangement rather than a breach per se, the repeated deferral signals financial stress and potential covenant trouble with the lessor, making this a material disclosure of the company's liquidity constraints and operational distress.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":28753,"accession_number":"0001628280-26-056273","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Workhorse entered into Amendment No. 3 to its Cash Flow Credit Agreement on August 11, 2026, which increases the credit commitment from $30 million to $40 million and includes an additional $10 million loan with deferred interest payments. The amendment also obligates the company to issue 1.5 million warrants with a $10.00 exercise price. This constitutes creation of new direct financial obligations through amendment of an existing credit facility, which is the hallmark of debt_issuance. The warrant issuance is a dilutive component of the debt financing structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12"},{"id":28754,"accession_number":"0001628280-26-056273","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Item 2.03 explicitly addresses \"Creation of a Direct Financial Obligation,\" and the disclosure incorporates by reference Amendment No. 3 and Warrants from Item 1.01, indicating a new financial obligation or debt-related transaction. The reference to warrants and amendments suggests a structured financing or debt issuance with equity components, which is material to investors assessing the registrant's capital structure and financial obligations.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12"},{"id":28755,"accession_number":"0001628280-26-056273","item_number":"3.02","item_title":"Unregistered Sales of Equity Securities","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"Item 3.02 discloses an unregistered sale of Warrants by Workhorse Group to MGMH in reliance on Section 4(a)(2) and Rule 506 exemptions. The Warrants are restricted securities that will bear restrictive legends. This is a classic dilutive issuance of equity securities sold in a private placement, which is material to investors as it increases share dilution and signals capital-raising activity.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12"},{"id":28756,"accession_number":"0001628280-26-056273","item_number":"8.01","item_title":"Other Events","event_type":"covenant_breach","event_domain":"financial","is_material":true,"confidence":0.72,"reasoning":"Workhorse has negotiated a second deferral of rent payments—first for May–September 2026, now extended through January 2027—indicating inability to meet its lease obligations on schedule. While technically a negotiated arrangement rather than a breach per se, the repeated deferral signals financial stress and potential covenant trouble with the lessor, making this a material disclosure of the company's liquidity constraints and operational distress.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-08-12T20:37:00.210188+00:00","company_name":"Workhorse Group Inc.","ticker":"WKHS","filing_date":"2026-08-12"}]}