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Lordstown Motors warns it could close operations without Foxconn funding
On May 1, Lordstown Motors filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) detailing its current economic situation in relation to its partner Foxconn.
Foxconn asserted on April 21 that Lordstown was in breach of the Investment Agreement between the two companies due to a notice from the Nasda....
Foxconn asserted on April 21 that Lordstown was in breach of the Investment Agreement between the two companies due to a notice from the Nasda....
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