NU Ride Inc (NRDE)

[KMC-1]

That $10m is a drop in an already very large bucket. I expect it will not have any affect at all on the situation and at the rate of cash burn Lordstown is currently sustaining, is actually already spent.

Unfortunately, I expect it won't be long before they announce they are selling off equipment to FoxConn in order to reduce spend as they continue to get smaller and more focused on the engineering and design tasks for new models.