Workhorse Group has executed **three reverse stock splits** (share shrinks) to date:
– **1-for-20 reverse stock split** on June 17, 2024[2][4].
– **1-for-12.5 reverse stock split** announced for March 17, 2025[1][3].
– **1-for-10 reverse stock split** on December 11, 2015[2].
These splits were primarily carried out to help the company maintain compliance with Nasdaq’s minimum bid price requirements. Each split consolidated shares by the specified ratio, reducing the total share count and increasing the per-share price[2][3][4].