NEXT FRIDAY THIS POS WILL BE TRADING ON OTC.MASSIVE DOWN SIDE.FROM 1.90 NOW. COULD WE SEE .20s???WHY NOT?? NASDAQ will commence customary delisting procedures due to the Company’s filing of Chapter 11 proceedings. Following the delisting, which we expect to take effect on July 7, 2023, trading may promptly commence on the over-the-counter market under the symbol RIDEQ.
It's far from over. "Trading may promptly commence on the over-the-counter market under the symbol RIDEQ."
It's far from over.
What will happen to the stock that you own will be determined in the course of the proceedings. However, we will seek to maximize value for all stakeholders, including our shareholders
We believe the value proposition for the whole business is clear and compelling. The Endurance is a fully homologated and certified, production-launched vehicle that can serve as a springboard into the broader North American EV full-size truck market for the right purchaser at a fraction of the cost and time that it would take to develop a program from the ground-up. We are confident that a buyer could utilize the Endurance platform to create multiple EV variants, potentially including other full-size pickups, SUVs or vans, taking the product to the next level.
I bet Monarch will make an offer on their already tooled assembly line to continue operations at the plant without interruptions.
EV variants, potentially including other full-size pickups, SUVs or vans, taking the product to the next level. Possibly Amazon Prime vans may be a concept as pictures leaked earlier, what appeared to be shipping step vans.