• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 424B3 filed by Nikola Corporation

    2/21/25 4:27:58 PM ET
    $NKLA
    Auto Manufacturing
    Consumer Discretionary
    Get the next $NKLA alert in real time by email
    424B3 1 prospectussupplementno1033.htm 424B3 Document

    Filed pursuant to Rule 424(b)(3)
    Registration No. 333-239185
    PROSPECTUS SUPPLEMENT NO. 103
    (to Prospectus dated July 17, 2020)
     
    image_0.jpg
    Nikola Corporation
    Up to 53,390,000 Shares of Common Stock
    Up to 23,890,000 Shares of Common Stock Issuable Upon Exercise of Warrants
     
    This prospectus supplement supplements the prospectus dated July 17, 2020 (the “Prospectus”), which forms a part of our registration statement on Form S-1 (No. 333-239185). This prospectus supplement is being filed to update and supplement the information in the Prospectus with the information contained in our current report on Form 8-K, filed with the Securities and Exchange Commission on February 21, 2025 (the “Current Report”). Accordingly, we have attached the Current Report to this prospectus supplement.
    The Prospectus and this prospectus supplement relates to the issuance by us of up to an aggregate of up to 23,890,000 shares of our common stock, $0.0001 par value per share (“Common Stock”), which consists of (i) up to 890,000 shares of Common Stock that are issuable upon the exercise of 890,000 warrants (the “Private Warrants”) originally issued in a private placement in connection with the initial public offering of VectoIQ and (ii) up to 23,000,000 shares of Common Stock that are issuable upon the exercise of 23,000,000 warrants (the “Public Warrants” and, together with the Private Warrants, the “Warrants”) originally issued in the initial public offering of VectoIQ.
    The Prospectus and this prospectus supplement also relate to the offer and sale from time to time by the selling securityholders named in the Prospectus (the “Selling Securityholders”) of (i) up to 53,390,000 shares of Common Stock (including up to 890,000 shares of Common Stock that may be issued upon exercise of the Private Warrants) and (ii) up to 890,000 Private Warrants.
    Our Common Stock is listed on the Nasdaq Global Select Market under the symbol “NKLA”. On February 20, 2025, the closing price of our Common Stock was $0.4401.
    This prospectus supplement updates and supplements the information in the Prospectus and is not complete without, and may not be delivered or utilized except in combination with, the Prospectus, including any amendments or supplements thereto. This prospectus supplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectus and this prospectus supplement, you should rely on the information in this prospectus supplement.

    See the section entitled “Risk Factors” beginning on page 7 of the Prospectus to read about factors you should consider before buying our securities.
    Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement or the Prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
    The date of this prospectus supplement is February 21, 2025.




    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    FORM 8-K
    CURRENT REPORT
    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
    Date of Report (Date of earliest event reported): February 19, 2025
    Nikola Corporation
    (Exact name of registrant as specified in its charter)
    Delaware
    (State or Other Jurisdiction of Incorporation)
    001-38495
    (Commission File Number)
    82-4151153
    (I.R.S. Employer
    Identification No.)
        4141 E Broadway Road
        Phoenix, AZ    85040
        (Address of principal executive offices)    (Zip Code)

    (480) 581-8888
    (Registrant’s telephone number,
    including area code)

    N/A
    (Former name or former address, if changed since last report.)
    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading symbolName of each exchange on which registered
    Common Stock, $0.0001 par value per shareNKLAThe Nasdaq Stock Market LLC
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§240.12b–2 of this chapter).
    Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐




    Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
    As previously reported, Nikola Corporation (the “Company”) and certain of its direct domestic subsidiaries on February 19, 2025, filed voluntary petitions for relief under chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Filing”).
    On February 19, 2025, the Company received a letter (the “Delisting Notice”) from the staff of the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Staff had determined that the Company’s securities will be delisted from Nasdaq pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1. Pursuant to the Delisting Notice, Nasdaq’s determination was based on the following factors: (i) the Bankruptcy Filing and associated public interest concerns raised by it, (ii) concerns regarding the residual equity interest of the existing listed securities holders, and (iii) concerns about the Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq. The Delisting Notice indicates that the trading of the Company’s common stock on Nasdaq will be suspended at the opening of business on February 26, 2025, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing on Nasdaq.
    The Company does not intend to appeal the Staff’s determination. Therefore, the Company expects that the trading of the Company’s common stock on Nasdaq will be suspended at the opening of business on February 26, 2025.





    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
    Dated: February 21, 2025
    NIKOLA CORPORATION
    By:/s/ Britton M. Worthen
    Britton M. Worthen
    Chief Legal Officer


    Get the next $NKLA alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $NKLA

    DatePrice TargetRatingAnalyst
    11/7/2024Buy → Neutral
    Bryan Garnier
    5/16/2024$1.00Buy
    Bryan Garnier
    4/9/2024Peer Perform
    Wolfe Research
    1/24/2024$2.00Outperform
    Robert W. Baird
    5/10/2023$5.00 → $1.00Outperform → Market Perform
    TD Cowen
    3/31/2023Buy → Neutral
    BTIG Research
    3/13/2023$3.00Equal-Weight
    Morgan Stanley
    1/17/2023$7.00 → $5.00Buy
    BTIG Research
    More analyst ratings

    $NKLA
    SEC Filings

    See more
    • SEC Form 424B3 filed by Nikola Corporation

      424B3 - Nikola Corp (0001731289) (Filer)

      3/26/25 5:00:29 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form 424B3 filed by Nikola Corporation

      424B3 - Nikola Corp (0001731289) (Filer)

      3/26/25 4:58:14 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Nikola Corporation filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

      8-K - Nikola Corp (0001731289) (Filer)

      3/26/25 4:55:07 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Leadership Updates

    Live Leadership Updates

    See more
    • TOM SCHMITT NAMED CHIEF COMMERCIAL OFFICER OF NIKOLA CORPORATION

      Skilled transportation executive positioned to further company focus on zero-emissions trucking and hydrogen infrastructure solutions PHOENIX, Aug. 27, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of accomplished transportation executive Thomas "Tom" Schmitt as Chief Commercial Officer (CCO) of Nikola Corporation. As CCO, Schmitt will align Nikola's commercial efforts to scale the company's business. He will oversee the

      8/27/24 4:05:00 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

      Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO). "We are proud to welcome Tom as our CFO. Attracting someone of his caliber is a

      3/4/24 8:05:00 AM ET
      $FLS
      $NKLA
      Fluid Controls
      Industrials
      Auto Manufacturing
      Consumer Discretionary
    • CARLA TULLY APPOINTED TO NIKOLA BOARD OF DIRECTORS

      Energy expert joins Nikola's Board as 2024 infrastructure business expands PHOENIX, Feb. 16, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of energy and infrastructure expert Carla Tully, to its Board of Directors. Over more than two decades, Tully has built a successful track record leading and scaling energy organizations across Fortune 150, private equity, startup, and government entities. Tully serves as the Vice Chair of Earthrise Energy's Board of Directors, a Board Director for Citizens for Responsible Energy Solutions Forum and

      2/16/24 8:05:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Nikola Corporation

      SC 13G/A - Nikola Corp (0001731289) (Subject)

      11/12/24 5:01:31 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Nikola Corporation

      SC 13G/A - Nikola Corp (0001731289) (Subject)

      11/4/24 10:24:12 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Amendment: SEC Form SC 13G/A filed by Nikola Corporation

      SC 13G/A - Nikola Corp (0001731289) (Subject)

      10/10/24 3:58:54 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Financials

    Live finance-specific insights

    See more
    • Nikola Corporation Announces Date for Third Quarter 2024 Results and Webcast and Q&A Platform for Shareholders

      PHOENIX, Oct. 3, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report its third quarter ended September 30, 2024 financial results and business updates on Thursday, October 31, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m. ET (7:30 a.m. PT) to review and discuss the company's business and outlook. To augment Nikola's engagement with its shareholders and strengthen communication with

      10/3/24 4:05:00 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Nikola Corporation Announces Date for Second Quarter 2024 Results and Webcast and Q&A Platform for Shareholders

      PHOENIX, July 9, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced it will report its second quarter ended June 30, 2024 financial results and business updates on Friday, August 9, 2024. On that day, Nikola's management will hold a conference call and webcast at 10:30 a.m. ET (7:30 a.m. PT) to review and discuss the company's business and outlook. To augment Nikola's engagement with its shareholders and strengthen communication with investor

      7/9/24 8:05:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Nikola Corporation Reports First Quarter 2024 Results

      Continued to execute our plan to ramp up hydrogen fuel cell electric trucks (FCEVs) in 2024Wholesaled 40 FCEVs in Q1, all designated for end fleets, exceeding high-end of guidance rangeMarked the second quarter of serial production of FCEVs; Program-to-date, Nikola has wholesaled 75 FCEVsGreen shoots in new markets like N.Y., meeting the demands of fleet users beyond Calif.Expanded HYLA's North American reach. During the quarter, we opened:HYLA hydrogen modular refueling stations in Ontario and near the Port of Long Beach, Calif.HYLA's first hydrogen refueling station in Alberta, Canada to support fleets along the busy Edmonton to Calgary freight corridorSeeing opportunities in constructive

      5/7/24 7:00:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • President, Energy Hoefelmann Dirk Ole sold $918 worth of shares (546 units at $1.68), decreasing direct ownership by 1% to 49,597 units (SEC Form 4)

      4 - Nikola Corp (0001731289) (Issuer)

      12/6/24 5:24:21 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Chief Commercial Officer Schmitt Thomas was granted 37,900 shares (SEC Form 4)

      4 - Nikola Corp (0001731289) (Issuer)

      10/24/24 5:12:19 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • SEC Form 3 filed by new insider Schmitt Thomas

      3 - Nikola Corp (0001731289) (Issuer)

      10/24/24 5:08:42 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Nikola Corporation downgraded by Bryan Garnier

      Bryan Garnier downgraded Nikola Corporation from Buy to Neutral

      11/7/24 6:29:39 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Bryan Garnier initiated coverage on Nikola Corporation with a new price target

      Bryan Garnier initiated coverage of Nikola Corporation with a rating of Buy and set a new price target of $1.00

      5/16/24 7:34:46 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Wolfe Research initiated coverage on Nikola Corporation

      Wolfe Research initiated coverage of Nikola Corporation with a rating of Peer Perform

      4/9/24 8:23:44 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Nikola Initiates Comprehensive Voluntary Chapter 11 Sale Process

      Nikola to pursue value-maximizing sale transactions for its operations  PHOENIX, Feb. 19, 2025 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced that the Company and certain of its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Nikola has also filed a motion seeking authorization to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code.

      2/19/25 7:36:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • NIKOLA SECURES NEW HYLA LOCATION IN WEST SACRAMENTO

      West Sacramento station marks HYLA's first modular refueling station in Northern CaliforniaA significant step in HYLA's plan to connect current HYLA stations to northern central CaliforniaThis new HYLA station will be commercially operational in January 2025PHOENIX , Dec. 18, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, proudly announces the securing of a new HYLA station located in West Sacramento, CA. Featuring a compact high-pressure hydrogen refueler, the station at 917 Stillwater Rd in West Sacramento, California, represents the latest phase in Nikola's commitme

      12/18/24 8:30:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary
    • Nikola Corporation Reports Third Quarter 2024 Results

      Record 88 wholesale deliveries of hydrogen fuel cell electric trucks in Q3, up 22% quarter over quarterFCEV Fleet adoption up 78% year-to-date, with 16 end fleets deploying Nikola FCEVs, 32 distinct end fleets across both powertrainsExpanded dealer network for the first time since launch of the FCEVReiterating our year-end volume guidance of 300-350 FCEVsPHOENIX, Oct. 31, 2024 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today reported financial results and business updates for the quarter ended September 30, 2024.

      10/31/24 9:05:00 AM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary

    $NKLA
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Girsky Stephen J bought $540,000 worth of shares (1,000,000 units at $0.54), increasing direct ownership by 16% to 7,243,005 units (SEC Form 4)

      4 - Nikola Corp (0001731289) (Issuer)

      5/20/24 7:27:24 PM ET
      $NKLA
      Auto Manufacturing
      Consumer Discretionary