Summary by Futu AI
Nikola Corporation, listed under the symbol NKLA on the Nasdaq Global Select Market, has filed Prospectus Supplement No. 91 to update and supplement information in its previous prospectus dated July 17, 2020. This filing is related to the issuance of up to 53,390,000 shares of common stock and up to 23,890,000 shares issuable upon the exercise of warrants. The supplement, dated June 6, 2024, incorporates information from the company's current report on Form 8-K filed on June 6, 2024. The report details the results of Nikola's 2024 annual meeting of stockholders held on June 5, 2024, including the election of directors, approval of a reverse stock split, a reduction in the number of authorized shares, an increase in shares available under the stock incentive plan, and the ratification of the company's independent registered public accounting firm for the year ending December 31, 2024. The closing price of Nikola's common stock on June 5, 2024, was $0.5351.