NU Ride Inc (NRDE)

[OPKOHEALTH2022]

It’s not false. The CEO admitted that they need 150 million for production. Also the CFO said it on another interview.

So this is false also from the Wall Street Journal ?

https://www.wsj.com/amp/articles/lordstown-motors-ability-to-stay-in-business-hinges-on-raising-capital-valuation-cfo-says-11652741679

Lordstown needs to raise an additional $150 million in capital before the end of the year to execute on its plans for 2022, which include building about 500 vehicles, Mr. Kroll said. The company aims to have at least $75 million to $100 million in cash on its balance sheet at the end of this year, he said.