NU RIDE INC.

Nu Ride Inc. (formerly Lordstown Motors Corp.) reported a net loss of $0.1 million for the three months ended March 31, 2026, a significant improvement from a $1.2 million net loss in the prior year period. The company's total operating expenses also decreased substantially. As of March 31, 2026, Nu Ride held $25.1 million in cash and cash equivalents. The company continues to manage its emergence from Chapter 11 bankruptcy, prosecute the Foxconn Litigation, and explore new business opportunities, including recent loans receivable totaling $8.8 million for billboard leasehold assets.

NU RIDE INC. filed an Amendment No. 1 to its Form 10-K, providing detailed information on its corporate governance, executive compensation, and security ownership following its emergence from Chapter 11 bankruptcy on March 14, 2024. The filing outlines the appointment of a new board of directors and Alexander C. Matina as CEO, President, Treasurer, and Secretary effective September 26, 2025. It also details compensation for executive officers and non-employee directors for 2025, along with significant shareholder information and related party transactions.