Nikola CORP

Market Movers (8-K)

Nikola Corporation announces its decision to voluntarily delist its common stock from the Nasdaq Stock Market due to previous notification of delisting.
Worse than expected
Nikola Corporation's stock is set to be delisted from the Nasdaq following its recent Chapter 11 bankruptcy filing.
Worse than expected
Nikola Corporation has filed for Chapter 11 bankruptcy and intends to pursue a sale of its assets through a competitive auction process.
Worse than expected
Nikola Corporation has secured $65 million through a stock sale and entered into an agreement for a potential at-the-market offering of up to $100 million in common stock.
Worse than expected
Capital raise
Nikola Corporation obtained a limited waiver from Citigroup, allowing stock sales under its equity distribution agreement even if the stock is not actively traded.
Capital raise
Nikola Corporation has amended its convertible notes agreements to facilitate a $65 million equity raise and reduce conversion prices for noteholders.
Capital raise

Quarterly Earnings (10-Q)

Nikola Corporation's Q3 2024 results reveal a net loss of $199.8 million, with ongoing efforts to manage costs and address operational challenges.
Worse than expected
Delay expected
Capital raise
Nikola Corporation's Q2 2024 results reveal increased truck sales revenue offset by significant operating losses and concerns about the company's ability to continue as a going concern.
Worse than expected
Delay expected
Capital raise
Nikola Corporation's Q1 2024 results reveal a net loss of $147.7 million, impacted by recall costs and a shift towards FCEV production.
Worse than expected
Delay expected
Capital raise
Nikola Corporation filed an amendment to its Q3 2023 report to include details of Rule 10b5-1 trading plans adopted by certain officers.

Annual Reports (10-K)

Nikola Corporation has filed for Chapter 11 bankruptcy, sold substantially all its assets, ceased business operations, and its common stock will be cancelled for no value.
Capital raise
Worse than expected
Nikola Corporation filed an amendment to its 2023 annual report to include details of Rule 10b5-1 trading plans adopted and terminated by certain officers.
Nikola Corporation's 10-K filing details its share structure, regulatory compliance, and business strategy, while also acknowledging financial challenges and risks.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

Nikola Corp's President of Energy, Dirk Ole Hoefelmann, sold 546 shares of common stock to cover tax obligations related to vesting of restricted stock units.
Chief Commercial Officer Thomas Schmitt acquired 37,900 shares of Nikola Corp common stock on October 23, 2024, as reported in a Form 4 filing with the SEC.
Nikola Corp's Chief Financial Officer, Thomas Okray, sold 1,396 shares of common stock on September 4, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
Dirk Ole Hoefelmann, President of Energy at Nikola Corp, sold 352 shares of common stock to cover tax withholding obligations related to vesting RSUs.
Nikola Corp's Chief Operating Officer, Mary S Chan, sold 717 shares of common stock on September 4, 2024, to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
Nikola Corp CEO Stephen Girsky sold 4,636 shares of common stock on August 6, 2024, to cover tax withholding obligations related to the vesting of RSUs.

Proxy Statements (Def-14A)

Nikola Corporation emphasizes the importance of shareholder voting in shaping the company's future at the upcoming annual meeting.
Nikola Corporation is actively soliciting stockholder votes for its upcoming Annual Meeting, emphasizing the importance of approving proposals, particularly a reverse stock split, to maintain its Nasdaq listing and attract broader investor interest.
Nikola Corporation is actively soliciting votes from its stockholders for the upcoming annual meeting, emphasizing the importance of each vote to the company's future.
Nikola Corporation is actively encouraging all stockholders to vote their shares, emphasizing the ease and importance of participation in the upcoming annual meeting.
Nikola Corporation is actively soliciting votes from stockholders to approve a reverse stock split aimed at maintaining Nasdaq compliance and broadening investor appeal, along with other proposals.
Nikola Corporation is actively soliciting stockholders to vote their shares before the upcoming annual meeting, emphasizing the importance of participation for all shareholders as of April 19, 2024.

Schedule 13G - Passive Investments

Nomura Holdings Inc. and its subsidiaries have filed an amended Schedule 13G, disclosing a passive beneficial ownership of 0.5% in Nikola Corp's common stock.
Antara Capital LP, along with its affiliates, has reported a 2.68% beneficial ownership stake in Nikola Corp's common stock as of March 31, 2025.
Capital raise
Bank of Nova Scotia has filed an amended Schedule 13G, confirming it holds no beneficial ownership of Nikola Corp's common stock as of March 31, 2025.
Nomura Holdings Inc. and its subsidiary Nomura Securities International Inc. have disclosed a passive beneficial ownership of 9.3% in Nikola Corp, totaling 7,864,292 shares.
Antara Capital LP, Antara Capital GP LLC, and Himanshu Gulati have jointly filed a Schedule 13G, reporting a passive beneficial ownership of 8.83% in Nikola Corp's common stock as of December 31, 2024.
Bank of Nova Scotia has filed an amended Schedule 13G, revealing a 5.61% beneficial ownership stake in Nikola Corp as of December 31, 2024.