Nov. 18 at 12:45 PM
$NRDE This is good news right? So
$17 million is returning to cash on hand?
"On November 17, 2025, the U.S. Bankruptcy Court for the District of Delaware approved a reduction in the general unsecured creditor claims reserve (“GUC Reserve”) of Nu Ride Inc. to
$5.1 million. As of September 30, 2025,
$22.1 million had previously been included as claims reserve. The GUC Reserve is subject to potential increase upon request by the Claims Ombudsman and all creditors to the extent there is a change in circumstances."
https://investor.lordstownmotors.com/node/9741/html