Workhorse Group shares surge 41.53% after-hours as shareholders urged to approve Motiv transaction.

Workhorse Group (WKHS) surged 41.53% in after-hours trading following its urgent shareholder vote campaign for the Motiv transaction. The company emphasized the critical need for quorum at the November 25, 2025, meeting to finalize the deal, which aims to position it as a leader in the medium-duty electric vehicle market. Shareholders were warned that failure to approve the transaction could lead to restructuring, underscoring the strategic importance of the merger. While the press release highlighted financial risks and operational challenges, the market interpreted the aggressive shareholder engagement and transactional urgency as a positive signal of management’s commitment to securing the deal. This alignment with the proposed value-creation opportunity in the EV sector likely drove the sharp after-hours rally.