SCHEDULE 13G: Nomura Holdings Discloses 9.3% Passive Stake in Nikola Corp

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.

Summary

• Nomura Holdings Inc. and its wholly-owned subsidiary, Nomura Securities International Inc. (NSI), have filed a Schedule 13G, indicating beneficial ownership of 7,864,292 shares of Nikola Corp's Common Stock.
• This aggregate amount represents 9.3% of Nikola Corp's outstanding Common Stock, calculated based on 84,467,751 shares outstanding as of December 3, 2024.
• The beneficial ownership includes 1,674,372 shares of Common Stock directly owned by NSI.
• Additionally, it includes 6,189,920 shares of Common Stock underlying call options beneficially owned by NSI that are exercisable within 60 days.
• Both Nomura Holdings Inc. and NSI report shared voting power and shared dispositive power over all 7,864,292 shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Nikola Corp.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of beneficial ownership. While neutral in tone, the disclosure of a significant institutional stake (9.3%) by Nomura Holdings in Nikola Corp can be perceived as a moderately positive signal of institutional interest and confidence in the company.

Positives

• Nomura Holdings Inc. and its subsidiary Nomura Securities International Inc. have disclosed a significant passive beneficial ownership of 9.3% in Nikola Corp, indicating substantial institutional interest in the company.
• The stake includes a notable portion derived from call options exercisable within 60 days, suggesting a near-term bullish outlook or hedging strategy by the institutional investor.

Future Outlook

This Schedule 13G filing is a disclosure of current beneficial ownership and does not contain forward-looking statements or guidance from Nikola Corp or Nomura Holdings regarding Nikola's future performance.

Industry Context

This filing indicates significant institutional investment by a major global financial services group, Nomura Holdings, in Nikola Corp, a company operating in the electric vehicle and truck manufacturing sector. Such a substantial stake from a prominent financial institution can be viewed as a signal of confidence or strategic positioning within the evolving clean energy transportation industry.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake by Nomura Holdings may be perceived positively, potentially boosting investor confidence and market sentiment for Nikola Corp's stock.

Key Dates

Keywords

Nikola Corp, Nomura Holdings, Nomura Securities International, Schedule 13G, beneficial ownership, common stock, call options, institutional investment, passive investment