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wow! $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
$NRDE Utilization Of Cash And Intangible Assets. Intangible Assets Is the Key!
NuRide plans to use its cash and intangible assets in two main ways. Firstly, the company wants to investigate and prosecute its causes of action to resolve legal disputes and seek compensation for damages. Secondly, it wants to identify and pursue one or more business combinations or acquisitions. The company has no debt, except for certain liabilities related to general unsecured claims filed in the bankruptcy case.
Plan Of Action
Nu Ride Inc. aims to utilize cash reserves strategically.
Investigating causes of action to address legal disputes.
Exploring business combinations or acquisitions for growth.
Emphasizes debt reduction and maintaining a clean balance sheet.
Strategic resource allocation for sustainable growth.
NuRide believes that using its cash and intangible assets wisely is important for its future growth. Investigating and prosecuting causes of action can help the company mitigate financial risks by resolving legal disputes and seeking compensation for damages. The company's commitment to reducing debt and maintaining a clean balance sheet underscores its determination to position itself for sustainable growth and profitability.
Interest In Business Combinations Or Acquisitions
Nu Ride Inc. recently announced they are interested in exploring new business combinations or acquisitions. This may mean they want to merge with another company or increase their own production. Lordstown Motors is a small electric vehicle (EV) company that has faced challenges in producing a significant number of vehicles. Merging with another company could potentially increase their production rates and profit margins. However, it’s important to note that a merger could result in Lordstown Motors losing its identity as an independent company
Gallagher already stated, they have the car to build upon. We believe he actually meant, the Skateboard technology which could be, Car, Military Omnibus or SUV EV.
.With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of Intangibles Assets to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE tiny SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
Intangible Assets Is the Key!
You keep digging through that pile of NoRide sh_t. There's a pony down there somewhere.
wow! $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
Latest Form4 Disclosure. Directors 7 Buys 0 Sells.
https://www.otcmarkets.com/stock/NRDE/disclosure
Latest 10Q supports NRDE litigation against Foxconn Fraud. Intangible Assets.
https://www.otcmarkets.com/filing/conv_pdf?id=17965171&guid=OEB-kerQaTECJth
Thanks for making my point. Steve Burns has exclusive rights to the IP that he purchased from NoRide. He purchased ALL of the IP from NoRide. So NoRide has no EV IP to use.
Stop lying.
Stop lying. IP is an intangible asset. NoRide sold ALL its assets related to EV production, tangible and intangible, to Steve Burns.
As NoRide's SEC filings clearly show, NoRide has cash and LOIs. That is all.
Seek professional help.
Intellectual Property: A type of intangible asset that is legally protected and cannot be used by another business or individual unless authorized by the owner. Common forms of intellectual property include copyrights, digital assets, franchises, patents, trademarks, and trade secrets.
It's in the Filings and far from over! We've only just begun.
What Is an Intangible Asset?
Intangible assets differ from tangible assets, which have physical forms such as buildings or office furniture. For businesses, an intangible asset includes patents, goodwill, and intellectual property such as contract agreements and prototypes.
https://www.investopedia.com/terms/i/intangibleasset.asp
LMC didn't scrap plans with Govt. They merely delayed them.
The Model C per Foxconn Agreement, pending in court.
The BEV SUV per Camping World agreement, delayed.
All three prototypes involve the patented EV Skateboard Technology. Intangible.
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Stop lying. NoRide owns ZERO prototypes and any tangible or intangible assets for EV production. Rent-A-CEO Gallagher has clearly demonstrated that fact in NoRide's SEC filings.
Directors buying stock is a nothingburger. Apparently, they can afford to lose the money they invested, presuming it was their personal funds that were used for the purchases.
huzzah $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
NRDE Intangible Assets Is the Key! Lordstown Motors/NU Ride Inc. was also Working On A Military Electric Vehicle prototype. Like the Electric car mentioned in the filings, NU Ride Inc. still owns the Military Electric Vehicle prototype.
NU Ride Inc. is very much, still in the game especially when President Trump evaluated the EV technology.
I believe, there is so much more ahead for what's to come.
Why do you post factual information, and then destroy your credibility by adding outdated info about Lordstown and the Endurance, neither of which has anything to do with NoRide?
But I guess it's progress. At least your not posting lies about NoRide having a "manufacturing base" or anything remotely approaching the ability to actually generate revenue.
Baby steps....
Trump supported Lordstown Motors/NU Ride Inc. EV Technology in the past with the Endurance,. (see below) we wonder what will come first.
Gallagher already stated, with Intangible Assets, they have the car to build upon. We believe he actually meant, the Skateboard technology which could be, Car, Military Omnibus or SUV EV.
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
You realize this article is from 2023 and is about Lordstown, not NoRide, the subject of this MB?
I'll do a 2025 update on behalf of the author...
Lordstown went BK. It emerged as NRDE, which I affectionately refer to as NoRide...cuz they have no IP to produce that can be ridden.
NoRide is a shell company with no means of generating revenue. But the author was correct to speculate on how the remaining intangible assets will be monetized. Those assets are the LOIs. That cash are NoRide's only assets.
$NRDE Utilization Of Cash And Intangible Assets
Intangible Assets Is the Key!
NuRide plans to use its cash and intangible assets in two main ways. Firstly, the company wants to investigate and prosecute its causes of action to resolve legal disputes and seek compensation for damages. Secondly, it wants to identify and pursue one or more business combinations or acquisitions. The company has no debt, except for certain liabilities related to general unsecured claims filed in the bankruptcy case.
Plan Of Action
Nu Ride Inc. aims to utilize cash reserves strategically.
Investigating causes of action to address legal disputes.
Exploring business combinations or acquisitions for growth.
Emphasizes debt reduction and maintaining a clean balance sheet.
Strategic resource allocation for sustainable growth.
NuRide believes that using its cash and intangible assets wisely is important for its future growth. Investigating and prosecuting causes of action can help the company mitigate financial risks by resolving legal disputes and seeking compensation for damages. The company's commitment to reducing debt and maintaining a clean balance sheet underscores its determination to position itself for sustainable growth and profitability.
Interest In Business Combinations Or Acquisitions
Nu Ride Inc. recently announced they are interested in exploring new business combinations or acquisitions. This may mean they want to merge with another company or increase their own production. Lordstown Motors is a small electric vehicle (EV) company that has faced challenges in producing a significant number of vehicles. Merging with another company could potentially increase their production rates and profit margins. However, it’s important to note that a merger could result in Lordstown Motors losing its identity as an independent company
wow! $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
Stop lying. NoRide is a shell that owns ZERO IP for manufacturing anything. It rejected all its leases except for what it needed for a small corporate office.
NoRide's primary asset are its LOIs. They're useless to NoRide but valuable for a company that actually owns IP and manufactures something. But Gallagher hasn't reported any offers or even interest in NoRide.
Seek professional help.
With Trump supporting Lordstown Motors/NU Ride Inc. EV Technology in the past with the Endurance,. (see below) we wonder what will come first.
Gallagher already stated, they have the car to build upon. We believe he actually meant, the Skateboard technology which could be, Car, Military Omnibus or SUV EV.
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
Except Gallagher didn't say that. Some paid shill did.
Stop lying. And stop putting words in Gallagher's mouth.
NoRide is a shell. THAT is what Gallagher has said.
💹✅$5.3 BILLION✅Xplains the interest here💹 💹 💹 💹huzzah!
Short Interest 336,239 This could pop strait up and destroy bogeyman short selling hedge funds with a single announcement.
Shares are already hard to come by with such a tiny SS. A single update destroys shorts.
https://www.otcmarkets.com/stock/NRDE/security
Hopefully we see a weekend update and it's go time.
NRDE NU Ride Inc. CEO Gallagher was crystal clear when he assumed CEO of Lordstown Motors/NU Ride Inc. It's in the 8K filings
Optimism For Future Success
Nu Ride Inc. recently announced that they are now debt-free and have a significant amount of money in their bank account, giving them a promising start. With a strong manufacturing base and an electric car to build upon, they have the potential to create a successful EV business. The company was praised by Trump in the past and they aim to continue their success.
Can Nu Ride Inc Create Success
Nu Ride Inc. in advantageous position with no debt and cash reserves.
Potential for exciting opportunities in the EV market.
Building upon existing foundation for success.
Previous endorsement by Trump reflects past potential.
Hopes for fulfilling previous success and overcoming challenges.
Despite past setbacks, Nu Ride Inc. has found newfound financial stability and strategic positioning, giving them reason for optimism. Their solid financial foundation and clear vision for the future put them in an ideal position to take advantage of emerging opportunities within the EV market. By utilizing their expertise, resources, and partnerships, they can drive innovation, expand their market presence, and deliver value to both shareholders and customers. Although challenges and uncertainties will remain, the company's resilience and determination to succeed bode well for their prospects within the dynamic and evolving automotive industry.
Utilization Of Cash And Intangible Assets
NuRide plans to use its cash and intangible assets in two main ways. Firstly, the company wants to investigate and prosecute its causes of action to resolve legal disputes and seek compensation for damages. Secondly, it wants to identify and pursue one or more business combinations or acquisitions. The company has no debt, except for certain liabilities related to general unsecured claims filed in the bankruptcy case.
Plan Of Action
Nu Ride Inc. aims to utilize cash reserves strategically.
Investigating causes of action to address legal disputes.
Exploring business combinations or acquisitions for growth.
Emphasizes debt reduction and maintaining a clean balance sheet.
Strategic resource allocation for sustainable growth.
NuRide believes that using its cash and intangible assets wisely is important for its future growth. Investigating and prosecuting causes of action can help the company mitigate financial risks by resolving legal disputes and seeking compensation for damages. The company's commitment to reducing debt and maintaining a clean balance sheet underscores its determination to position itself for sustainable growth and profitability.
Interest In Business Combinations Or Acquisitions
Nu Ride Inc. recently announced they are interested in exploring new business combinations or acquisitions. This may mean they want to merge with another company or increase their own production. Lordstown Motors is a small electric vehicle (EV) company that has faced challenges in producing a significant number of vehicles. Merging with another company could potentially increase their production rates and profit margins. However, it’s important to note that a merger could result in Lordstown Motors losing its identity as an independent company
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
Stop lying. Gallagher said no such thing. The Rent-A-CEO would not lie about NoRide. That's why NoRide's SEC filings clearly state the NoRide is a shell company with no means of generating revenue.
Seek help.
NuRide is a separrate company from Lordstown. Trump has never commented on NuRide.
Still the same disinformation from SG.
$NRDE Trump supported Lordstown Motors/NU Ride Inc. EV Technology in the past with the Endurance,. (see below) We wonder what will come first as it's going to be big with Gallagher as CEO.
Gallagher already stated, they have the car to build upon. We believe he actually meant, the Skateboard technology which could be, Car, Military Omnibus or SUV EV.
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
wow! $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
"With Trump supporting Lordstown Motors/NU Ride Inc. EV Technology in the past with the Endurance"
Trump has never supported NuRide Inc.
He did appear to support Lordstown but has never said anything about NuRide.
BWAHAHAHA!!!!
Trump is doing no such thing.
First...there's no Lordstown to support any more...at least not one associated with NoRide.
Second...Trump is shutting down EV chargers on federal property.
And Gallagher has made no such statement that NoRide has a "car to build on". Prove me wrong. Or stop lying.
With Trump supporting Lordstown Motors/NU Ride Inc. EV Technology in the past with the Endurance,. (see below) we wonder what will come first.
Gallagher already stated, they have the car to build upon. We believe he actually meant, the Skateboard technology which could be, Car, Military Omnibus or SUV EV.
With millions in the bank, skateboard technology and many prototypes with a debt free Shell and clean books. The sky really is the limit with a massive amount of tangibles to decide upon
With a massive multi billion dollar suit against Foxconn for fraud, being decided shorty, it's going to get interesting with CEO Gallagher who builds empires like his last successful turnaround, COOP. Shareholders couldn't be in a better place right now. I'm excited
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward
wow! $5.3 BILLION💹✅Xplains the interest here💹 ✅ 💹 ✅
Once again...NoRide is a shell with no means of generating revenue.
Posting lies doesn't make them true.
Issued 20,442,296 Outstanding 16,096,296 Authorized 450,000,000 02/18/2025
Held at DTC 14,863,582
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward.
LMC, now NU Ride Inc. NRDE, already had the prototype SUV before the Endurance and shelved the SUV EV production, making way for Endurance production. NU Ride Inc. still has the electric SUV and "car to build upon" as stated in filings.
NU Ride Inc. with new ticker symbol is indeed a shell company to separate itself itself from old LMC opperations and begin with a new slate. That's common sense to any investor with common sense.
Nu Ride Inc. recently announced that they are now debt-free and have a significant amount of money in their bank account, giving them a promising start. With a strong manufacturing base and an electric car to build upon, they have the potential to create a successful EV business. The company was praised by Trump in the past and they aim to continue their success
Nu Ride Inc. in advantageous position with no debt and cash reserves.
Potential for exciting opportunities in the EV market.
Building upon existing foundation for success.
Previous endorsement by Trump reflects past potential.
Hopes for fulfilling previous success and overcoming challenges.
Despite past setbacks, Nu Ride Inc. has found newfound financial stability and strategic positioning, giving them reason for optimism. Their solid financial foundation and clear vision for the future put them in an ideal position to take advantage of emerging opportunities within the EV market. By utilizing their expertise, resources, and partnerships, they can drive innovation, expand their market presence, and deliver value to both shareholders and customers. Although challenges and uncertainties will remain, the company's resilience and determination to succeed bode well for their prospects within the dynamic and evolving automotive industry
NoRide owns no such thing. NoRide owns nothing that can generate revenue. That's why NoRide's CEO clearly says that NoRide is a shell company. Shell company's don't own assets that can generate revenue. Prove me wrong.
An exact list of Burns' acquisitions from NoRide isn't necessary. All one needs to do is read NoRide's SEC filings where Gallagher clearly and explicitly declares that NoRide is a shell company, with no means to generate revenue.
Posting lies doesn't change the facts on the ground.
Lordstown Motors/NU Ride Inc. was also Working On A Military Electric Vehicle prototype. Like the Electric car mentioned in the filings, NU Ride Inc. still owns the Military Electric Vehicle prototype.
NU Ride Inc. is very much, still in the game especially when President Trump evaluated the EV technology.
I believe, there is so much more ahead for what's to come.
💹✅$5.3 BILLION✅Xplains the interest here💹 💹 💹 💹huzzah
"Burns bought the Endurance line ONLY and not the SUV built for Camping World shown below or the car, that was reported in filings. Both are an absolute FACT..."
Show proof of your "FACT".
We have shown that everything you have posted is either dated information or an outright deception. When you state "and I could care less about the timing of filings..." that shows either your ignorance or disdain for the truth insinuating that you are either a (paid) shrill and/or an idiot who just wants to cause trouble.
Luckily I don't believe anyone here takes your "advice" seriously. You are only a ditraction that we can throw away at any time.
Nobody knows Steve Burns purchase agreement details and Burns said, they didn't acquire "ALL" of LMC.
LMC, now NU Ride already had the prototype SUV before the Endurance and shelved the SUV EV production, making way for Endurance production. NU Ride Inc. still has the electric SUV and car to build upon as stated in filings.
It's all going to come together and the short selling banks are already insolvent.
When news breaks, NRDE will be going strait up and fast with such a minute SS. I wouldn't bet against NRDE, that's for sure.
Burns bought the Endurance line ONLY and not the SUV built for Camping World shown below or the car, that was reported in filings. Both are an absolute FACT and I could care less about the timing of filings or articles. The fact is, they still have both prototypes that remain in their possession. That may not sit well with short sellers and manipulators but it's the absolute truth.
The assembly plant under first day motions gave control to Lordstown Motors in which Legacy Lordstown became an entity and subsidiary of NU Ride Inc.
It's ALL in the filings and why the plant remains idle other than Monarch Tractor.
$NRDE NU Ride Inc. Optimism-For-Future-Success
Nu Ride Inc. recently announced that they are now debt-free and have a significant amount of money in their bank account, giving them a promising start. With a strong manufacturing base and an electric car to build upon, they have the potential to create a successful EV business. The company was praised by Trump in the past and they aim to continue their success.
Can Nu Ride Inc Create Success
Nu Ride Inc. in advantageous position with no debt and cash reserves.
Potential for exciting opportunities in the EV market.
Building upon existing foundation for success.
Previous endorsement by Trump reflects past potential.
Hopes for fulfilling previous success and overcoming challenges.
Despite past setbacks, Nu Ride Inc. has found newfound financial stability and strategic positioning, giving them reason for optimism. Their solid financial foundation and clear vision for the future put them in an ideal position to take advantage of emerging opportunities within the EV market. By utilizing their expertise, resources, and partnerships, they can drive innovation, expand their market presence, and deliver value to both shareholders and customers. Although challenges and uncertainties will remain, the company's resilience and determination to succeed bode well for their prospects within the dynamic and evolving automotive industry
NRDE NU Ride Inc. William Gallagher is responsible for restructuring COOP, now trading at $110.22 pps. I believe the EV pictured below is the mentioned electric car to build upon. Lets not forget the Electric SUV that LMC built for Camping World, before the Endurance went into production.
NRDE minute SS is sure to sending NU Ride Inc. sailing with a single announcement going forward.
How do you know s/he is not? Those posts of outright lies about NoRide, easily refuted by NoRide's SEC filings, are about par of gov'ment work.
Stop posting lies. NoRide has ZERO manufacturing base...and no EV IP. It sold all that to Steve Burns for $10M.
NoRide is a shell with no means of generating revenue, as clearly stated in its SEC filings.
$NRDE NU Ride Inc. Optimism-For-Future-Success
Nu Ride Inc. recently announced that they are now debt-free and have a significant amount of money in their bank account, giving them a promising start. With a strong manufacturing base and an electric car to build upon, they have the potential to create a successful EV business. The company was praised by Trump in the past and they aim to continue their success.
Can Nu Ride Inc Create Success
Nu Ride Inc. in advantageous position with no debt and cash reserves.
Potential for exciting opportunities in the EV market.
Building upon existing foundation for success.
Previous endorsement by Trump reflects past potential.
Hopes for fulfilling previous success and overcoming challenges.
Despite past setbacks, Nu Ride Inc. has found newfound financial stability and strategic positioning, giving them reason for optimism. Their solid financial foundation and clear vision for the future put them in an ideal position to take advantage of emerging opportunities within the EV market. By utilizing their expertise, resources, and partnerships, they can drive innovation, expand their market presence, and deliver value to both shareholders and customers. Although challenges and uncertainties will remain, the company's resilience and determination to succeed bode well for their prospects within the dynamic and evolving automotive industry
And NoRide's pps keeps rolling down hill. You know Gallagher is a rent-a-CEO, right?
$NRDE Insiders, 7 Buys - 0 Sells
Bought
472,433
Sold
0
Gross
472,433
Net
472,433
https://www.otcmarkets.com/stock/NRDE/disclosure
I believe, this is the car spoken about in filings.
"NRDE Nu Ride director Alexandre-Zyngier buys $89,746 in stock
https://www.investing.com/news/insider-trading-news/nu-ride-director-alexandre-zyngier-buys-89746-in-stock-93CH-3743539"
More old news. This happened last November. Using a different source to infer it is new news.
But what we expect from someone that uses Reddit and Wikipedia as legitimate news sources.
NRDE NU Ride Inc. William Gallagher formed COOP, now trading at $108.22 pps.
Bill Gallagher has more than 35 years of experience in finance, investment and financial restructurings. He brings deep expertise in credit analysis and has long-term management experience in the financial services industry.
Prior to joining M3, Bill was the Chief Executive Officer at WMIH Corp (NASDAQ:WMIH), a public acquisition corporation which was the successor to Washington Mutual, Inc., from May 2015 to July 2018. Bill was recruited to WMIH to oversee its acquisition strategy and manage its day-to-day affairs. While there, he worked closely with WMIH’s strategic financial partner, Kohlberg Kravis Roberts & Co. At WMIH, Bill’s responsibilities included reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups. Ultimately, WMIH acquired Nationstar Mortgage Holdings (NYSE symbol NSM) to form Mr. Cooper Group (NASDAQ:COOP). Bill departed from WMIH upon the closing of the acquisition of Nationstar as his job at WMIH was completed.
Prior to WMIH, Bill was CEO and Chief Risk Officer at Capmark Financial Group, formerly known as GMAC Commercial Mortgage (from March 2009 to May 2015). Bill was retained by Capmark to manage its financial restructuring following the global economic crisis and was responsible for the management of the company’s day-to-day affairs, the restructuring of both the company and its assets (including its $15 billion commercial loan portfolio), its bankruptcy process, and its winding down and distribution of assets to creditors and other stakeholders. Capmark was a highly successful restructuring as Bill and his colleagues significantly increased the recovery value to Capmark’s creditors.
Before joining Capmark, Bill was the Chief Credit Officer of RBS Greenwich Capital, the US fixed income investment banking business of the Royal Bank of Scotland, where he was responsible for all aspects of credit risk management. While at RBS Greenwich, Bill was responsible for a wide variety of US corporations and buy-side companies, including corporate borrowers and debt issuers, financial institutions, industrial companies with captive finance businesses, and a variety of US corporations who traded various securities with or through RBS Greenwich.
Earlier in his career, Bill was a Vice President at First Boston Corporation in that firm’s credit risk management department. At First Boston, Bill was responsible for managing credit risk to a wide variety of corporate issuers and financial institutions. Bill began his career at Chemical Bank, where he completed the bank’s credit training program and then worked as a loan officer in the middle market division and a credit officer in the financial institutions division.
Bill has a B.S. in business administration from Syracuse University and an MBA from New York University.
William Gallagher
Chief Executive Officer and President
Since October 2018, Mr. Gallagher has served as a Managing Director of M3 Partners and has over 40 years of experience in finance, investment, and financial restructurings. From May 2015 to July 2018, Mr. Gallagher was the Chief Executive Officer and board member at WMIH Corp (NASDAQ:WMIH), a public acquisition corporation which was the successor to Washington Mutual, Inc. From March 2009 to May 2015, Mr. Gallagher was CEO, board member and Chief Risk Officer at Capmark Financial Group, formerly known as GMAC Commercial Mortgage. From September 1989 to February 2009, Mr. Gallagher was the chief credit officer at RBS Greenwich Capital. Mr. Gallagher started his career at Chemical Bank in July 1981 and he worked at First Boston from January 1985 to August 1989. He has a B.S. in business administration from Syracuse University and an MBA from New York University.
And two pictures that have nothing to do with NoRide.
NoRide is a shell with no means of generating revenue per their Rent-A-CEO Gallagher.
NRDE Nu Ride director Alexandre-Zyngier buys $89,746 in stock
https://www.investing.com/news/insider-trading-news/nu-ride-director-alexandre-zyngier-buys-89746-in-stock-93CH-3743539
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Nu Ride's new five-person board is expected to appoint William Gallagher, managing director of M3 Partners — a transaction advisory firm in New York — as Nu Ride's president and CEO, according to the regulatory filing.
Gallagher faced a situation similar to Nu Ride as CEO at WMIH Corp., the public acquisition corporation that succeeded Washington Mutual Inc. — the parent of WaMu Bank in Seattle that was seized by federal thrift regulators in fall 2008. By January 2015, the shell company left over from the failure of Washington Mutual had raised close to $600 million to pursue acquisitions of financial companies that could benefit from its huge, tax-deductible losses, according to a report by the Seattle Times.
Gallagher took over as leader of WMIH in May 2015 "to oversee its acquisition strategy and manage its day-to-day affairs," according to M3 Partners.
He was responsible for "reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups," M3 says.
"Ultimately, WMIH acquired Nationstar Mortgage Holdings to form Mr. Cooper Group," M3 says. Gallagher departed from WMIH after closing the Nationstar acquisition in July 2018.
Bill Gallagher has more than 35 years of experience in finance, investment and financial restructurings. He brings deep expertise in credit analysis and has long-term management experience in the financial services industry.
Prior to joining M3, Bill was the Chief Executive Officer at WMIH Corp (NASDAQ:WMIH), a public acquisition corporation which was the successor to Washington Mutual, Inc., from May 2015 to July 2018. Bill was recruited to WMIH to oversee its acquisition strategy and manage its day-to-day affairs. While there, he worked closely with WMIH’s strategic financial partner, Kohlberg Kravis Roberts & Co. At WMIH, Bill’s responsibilities included reviewing, vetting and analyzing a large number of potential target companies from a variety of different sectors and industry groups. Ultimately, WMIH acquired Nationstar Mortgage Holdings (NYSE symbol NSM) to form Mr. Cooper Group (NASDAQ:COOP). Bill departed from WMIH upon the closing of the acquisition of Nationstar as his job at WMIH was completed.
Prior to WMIH, Bill was CEO and Chief Risk Officer at Capmark Financial Group, formerly known as GMAC Commercial Mortgage (from March 2009 to May 2015). Bill was retained by Capmark to manage its financial restructuring following the global economic crisis and was responsible for the management of the company’s day-to-day affairs, the restructuring of both the company and its assets (including its $15 billion commercial loan portfolio), its bankruptcy process, and its winding down and distribution of assets to creditors and other stakeholders. Capmark was a highly successful restructuring as Bill and his colleagues significantly increased the recovery value to Capmark’s creditors.
Before joining Capmark, Bill was the Chief Credit Officer of RBS Greenwich Capital, the US fixed income investment banking business of the Royal Bank of Scotland, where he was responsible for all aspects of credit risk management. While at RBS Greenwich, Bill was responsible for a wide variety of US corporations and buy-side companies, including corporate borrowers and debt issuers, financial institutions, industrial companies with captive finance businesses, and a variety of US corporations who traded various securities with or through RBS Greenwich.
Earlier in his career, Bill was a Vice President at First Boston Corporation in that firm’s credit risk management department. At First Boston, Bill was responsible for managing credit risk to a wide variety of corporate issuers and financial institutions. Bill began his career at Chemical Bank, where he completed the bank’s credit training program and then worked as a loan officer in the middle market division and a credit officer in the financial institutions division.
Bill has a B.S. in business administration from Syracuse University and an MBA from New York University.
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