On July 10, 2024, Nikola Corporation announced that it had received a Compliance Notice from The Nasdaq Stock Market LLC confirming the company's return to compliance with the Nasdaq Listing Rule 5450(a)(1). This rule requires that companies listed on the Nasdaq Global Select Market maintain a minimum bid price of $1.00 per share. The notice acknowledged that from June 25, 2024, to July 10, 2024, Nikola's common stock closing bid price had consistently been at or above the $1.00 threshold. With this achievement, Nikola has successfully addressed the compliance issue, and Nasdaq considers the matter closed.

On July 10, 2024, Nikola Corporation announced that it had received a Compliance Notice from The Nasdaq Stock Market LLC confirming the company's return to compliance with the Nasdaq Listing Rule 5450(a)(1). This rule requires that companies listed on the Nasdaq Global Select Market maintain a minimum bid price of $1.00 per share. The notice acknowledged that from June 25, 2024, to July 10, 2024, Nikola's common stock closing bid price had consistently been at or above the $1.00 threshold. With this achievement, Nikola has successfully addressed the compliance issue, and Nasdaq considers the matter closed.