Brief: Foxconn Says Remain Open To Continuing Discussion With Lordstown

Nu Ride

02/05/2023 04:26

May 2 (Reuters) - Hon Hai Precision Industry Co Ltd
 2317.TW :
    * REMAIN OPEN TO CONTINUING OUR DISCUSSION WITH LORDSTOWN
AND
WORKING TOGETHER TO REACH A MUTUALLY ACCEPTABLE OUTCOME THAT
BENEFITS OUR RESPECTIVE STAKEHOLDERS
    * FOXCONN SAYS HAS AND WILL CONTINUE TO FULFILL ITS
OBLIGATIONS
AND DUTIES UNDER THE INVESTMENT AGREEMENT IN ALL MATERIAL
RESPECTS.
    * VIGOROUSLY DISPUTES ANY CLAIM BY LORDSTOWN MOTORS THAT
FOXCONN
IS IN BREACH OF THE INVESTMENT AGREEMENT

Further company coverage:  2317.TW 

 (Reporting By Sarah Wu)
 ((miyoung.kim@thomsonreuters.com;))