STOCK TITAN

Six Days Left Until Voting Deadline: Nikola Urges Stockholders to Vote NOW!

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Nikola Corporation (Nasdaq: NKLA) has called for stockholders to vote before its 2022 Annual Meeting set for June 30, 2022. The voting deadline is June 29, 2022, at 11:59 p.m. Eastern Time. Chairman Steve Girsky will address investors on June 24, 2022, providing voting instructions and discussing the importance of approving Proposal 2, which seeks to increase the number of authorized shares. Nikola has made significant progress, including commencing battery-electric vehicle production and expanding its Coolidge, Arizona manufacturing facility.

Positive
  • Started series production of battery-electric vehicles (BEVs), with deliveries to dealers underway.
  • Pilot testing of fuel cell electric vehicles (FCEVs) is in progress with select customers.
  • Completion of Phase 1 of the Coolidge, Arizona manufacturing facility with a capacity for 2,500 trucks.
Negative
  • None.

PHOENIX, June 24, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, today published the following notice urging stockholders to vote before the Company's 2022 Annual Meeting of Stockholders to be held virtually on June 30, 2022, at 9:00 a.m. Pacific Time. The voting deadline is June 29, 2022, at 11:59 p.m. Eastern Time.

In addition, today, June 24 at 12:00 p.m. Eastern Time, Nikola Chairman Steve Girsky will speak to investors about the significance of voting FOR Proposal 2. Mr. Girsky will provide voting instructions and answer frequently asked questions from stockholders about the voting process for the Annual meeting. The investor update can be viewed at https://www.webcast-eqs.com/nikola20220624/en.

Nikola urges all stockholders to watch the update and to vote "FOR" Proposal 2 TODAY. Approval of this proposal would allow Nikola to increase the number of authorized shares of the Company's common stock. As described in the proxy statement, the additional authorized shares would provide Nikola with increased flexibility to support, among other things, the growth of the business.

Nikola is advancing its vision of building a future that has a tangible effect on the world we live in. The Company has achieved several key milestones in the past few months, including:

  • Started series production on our battery-electric vehicles (BEV), which are being shipped to dealers for customer deliveries
  • Fuel cell electric vehicle (FCEV) pilot testing is underway with select customers
  • Continuing to expand our strategic partner network
  • Phase 1 of the Coolidge, Arizona manufacturing facility has been completed with a production capacity of 2,500 trucks – construction of the Phase 2 assembly expansion area is in process

About Nikola Corporation

Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/six-days-left-until-voting-deadline-nikola-urges-stockholders-to-vote-now-301574653.html

SOURCE Nikola Corporation

FAQ

What is the voting deadline for Nikola's Annual Meeting in 2022?

The voting deadline for Nikola's Annual Meeting is June 29, 2022, at 11:59 p.m. Eastern Time.

What proposal is Nikola urging stockholders to vote for?

Nikola is urging stockholders to vote for Proposal 2, which seeks to increase the number of authorized shares of common stock.

When is Nikola’s 2022 Annual Meeting of Stockholders?

Nikola's 2022 Annual Meeting of Stockholders is scheduled for June 30, 2022, at 9:00 a.m. Pacific Time.

Who will speak to investors about the voting process for Nikola?

Chairman Steve Girsky will speak to investors on June 24, 2022, about the voting process and the significance of Proposal 2.

Where can Nikola stockholders vote?

Stockholders can vote by phone, online at www.proxyvote.com, or via Robinhood at www.proxypush.com.

Nikola Corporation

NASDAQ:NKLA

NKLA Rankings

NKLA Latest News

NKLA Stock Data

200.25M
60.87M
4.8%
27.92%
25.75%
Farm & Heavy Construction Machinery
Motor Vehicles & Passenger Car Bodies
Link
United States of America
PHOENIX