Summary by Moomoo AI
Nikola Corporation, listed on the Nasdaq Global Select Market under the symbol NKLA, has filed a prospectus supplement on February 21, 2024, to update and supplement information from its previous prospectus dated July 17, 2020. The supplement includes details from a current report filed on February 21, 2024, and pertains to the issuance of up to 53,390,000 shares of common stock and up to 23,890,000 shares issuable upon exercise of warrants. These warrants are divided into Private Warrants, with 890,000 shares of common stock issuable upon exercise, and Public Warrants, with 23,000,000 shares issuable. The prospectus supplement also covers the potential sale of these securities by selling securityholders. Additionally, Nikola Corporation announced the appointment of Stephen J. Girsky as the Acting Chief Financial Officer, Principal Financial Officer, and Principal Accounting Officer on February 14, 2024. Girsky, who has been serving as President and CEO since August 2023 and a board member since January 2018, will not receive additional compensation for his new interim roles.