Nu Ride Inc., Formerly Known as Lordstown Motors Corp., Emerges from Chapter 11 with the New Ticker Symbol "NRDE" on the OTC Pink Market

Rhea-AI Summary

Nu Ride Inc. (NRDE) successfully emerges from bankruptcy with a new ticker symbol on the OTC Pink Market.

NEW YORK, March 14, 2024 /PRNewswire/ -- Nu Ride Inc., formerly known as Lordstown Motors Corp ("Nu Ride" or the "Company") announced today that it has successfully emerged from bankruptcy pursuant to its confirmed plan of reorganization (the "Plan").  The Plan was confirmed by the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") on March 6, 2024.  Upon emergence the Company's common stock was issued a new ticker symbol: "NRDE" on the OTC Pink Market. 

Additional information about the Company and the Plan is available on the company's website (www.nurideinc.com) and in the Company's filings with the U.S. Securities and Exchange Commission, available at www.sec.gov/edgar.

Please send inquiries to 'inquiries@nurideinc.com.'

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SOURCE Nu Ride Inc.

FAQ

What is the new ticker symbol for Nu Ride Inc. after emerging from bankruptcy?

The new ticker symbol for Nu Ride Inc. is 'NRDE' on the OTC Pink Market.

When was the Plan confirmed by the Bankruptcy Court for Nu Ride Inc.?

The Plan was confirmed by the United States Bankruptcy Court for the District of Delaware on March 6, 2024.

What market is Nu Ride Inc.'s common stock now listed on?

Nu Ride Inc.'s common stock is now listed on the OTC Pink Market.