Summary by Futu AI
Nikola Corporation has filed Prospectus Supplement No. 95 to update and supplement information in its previous prospectus dated July 27, 2020, as part of its registration statement on Form S-1 (No. 333-239940). This filing, dated August 19, 2024, includes an attached current report on Form 8-K/A, also filed on August 19, 2024. The supplement and the prospectus pertain to the potential sale of up to 249,843,711 shares of common stock by selling securityholders, which encompasses shares held by original holders from private placements and shares held by certain affiliates of the company. The shares are being registered for resale based on registration rights under a Registration Rights and Lock-Up Agreement, which also imposes certain transfer and lock-up restrictions. Nikola's common stock is traded on the...Show More