Nikola Corporation, an innovator in zero-emissions transportation, has filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC) on August 9, 2024. The filing pertains to the registration of 4,333,333 additional shares of common stock for issuance under the Nikola Corporation 2020 Stock Incentive Plan, following an amendment approved by stockholders on June 5, 2024. This move is designed to facilitate the granting of stock-based incentives to attract, retain, and motivate employees, aligning their interests with those of shareholders. The registration includes previously filed financial reports and outlines the terms and conditions of the stock incentive plan, including the administration, eligibility, and adjustment of shares. It also details the legal and regulatory requirements for issuing shares, the tax implications, and the plan's provisions for adjustment in the event of corporate changes such as mergers or reorganizations.

Nikola Corporation, an innovator in zero-emissions transportation, has filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC) on August 9, 2024. The filing pertains to the registration of 4,333,333 additional shares of common stock for issuance under the Nikola Corporation 2020 Stock Incentive Plan, following an amendment approved by stockholders on June 5, 2024. This move is designed to facilitate the granting of stock-based incentives to attract, retain, and motivate employees, aligning their interests with those of shareholders. The registration includes previously filed financial reports and outlines the terms and conditions of the stock incentive plan, including the administration, eligibility, and adjustment of shares. It also details the legal and regulatory requirements for issuing shares, the tax implications, and the plan's provisions for adjustment in the event of corporate changes such as mergers or reorganizations.