share_log

Nikola | 424B3: Prospectus

SEC announcement ·  Mar 4 08:25
Summary by Moomoo AI
Nikola Corporation, listed on the Nasdaq Global Select Market under the symbol NKLA, has filed a prospectus supplement on March 4, 2024, to update and supplement information from its previous prospectus dated July 17, 2020. The supplement includes details from a current report filed on March 4, 2024, and attaches the report to the prospectus supplement. The documents pertain to the issuance of up to 23,890,000 shares of common stock, which includes shares issuable upon the exercise of warrants from a private placement and initial public offering of VectoIQ. Additionally, the prospectus supplement covers the offer and sale of up to 53,390,000 shares of common stock by selling securityholders, including shares that may be issued upon the exercise of private warrants. On March 3, 2024, Nikola's board of directors...Show More
Nikola Corporation, listed on the Nasdaq Global Select Market under the symbol NKLA, has filed a prospectus supplement on March 4, 2024, to update and supplement information from its previous prospectus dated July 17, 2020. The supplement includes details from a current report filed on March 4, 2024, and attaches the report to the prospectus supplement. The documents pertain to the issuance of up to 23,890,000 shares of common stock, which includes shares issuable upon the exercise of warrants from a private placement and initial public offering of VectoIQ. Additionally, the prospectus supplement covers the offer and sale of up to 53,390,000 shares of common stock by selling securityholders, including shares that may be issued upon the exercise of private warrants. On March 3, 2024, Nikola's board of directors appointed Thomas B. Okray as the company's Chief Financial Officer, effective March 4, 2024. Okray brings extensive experience from previous roles at Eaton Corporation PLC, W.W. Grainger, Inc., Advance Auto Parts, Inc., Amazon.com, Inc., and General Motors Company. His compensation includes an annual base salary, restricted stock units, performance stock unit awards, and a relocation bonus with certain conditions. The appointment is accompanied by an executive employment agreement and an indemnification agreement.

This announcement is a separate document:

Doc 1

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more