Summary by Futu AI
Nikola Corporation, an innovative designer and manufacturer of electric vehicles, has filed a prospectus supplement with the Securities and Exchange Commission (SEC) on May 7, 2024. This filing supplements the prospectus dated July 27, 2020, and is related to the registration statement on Form S-1 (No. 333-239940). The supplement includes the company's current report on Form 8-K and is intended to update and supplement information in the original prospectus with recent developments. The prospectus and supplement detail the offer and sale of up to 249,843,711 shares of common stock by selling securityholders, including affiliates of the company and original holders who purchased shares in a private placement. Nikola Corporation has registered these shares for resale based on registration rights under a Registration Rights and Lock...Show More