VOTE NOW: Nikola Urges Stockholders to Take Action and VOTE for Proposal 2!
Nikola Corporation (NKLA) is urging stockholders to vote in favor of Proposal 2 before the Annual Meeting on July 18, 2022.
Sentiment and the balance of points
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Rhea-AI Summary
Nikola Corporation (NKLA) is urging stockholders to vote in favor of Proposal 2 before the Annual Meeting on July 18, 2022. This proposal seeks to increase the authorized shares from 600 million to 800 million, providing essential flexibility for the company's future growth. Stockholders have overwhelmingly supported the proposal; however, Nikola is less than 2% short of the required votes for it to pass, prompting an adjournment of the meeting. The voting deadline is 11:59 p.m. Eastern Time on July 17, 2022.
Positive
- Proposal 2 aims to increase authorized shares from 600 million to 800 million to support future growth.
- Overwhelming support from stockholders for Proposal 2.
Negative
- Less than 2% short of the required votes for Proposal 2 to pass.
- Adjournment of the Annual Meeting indicates potential voter apathy or concern.
Details
News Market Reaction – NKLA
The recorded move for NKLA in the trading session of this news was +1.29%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
- VOTING DEADLINE: 11:59 p.m., Eastern Time on July 17, 2022
- VOTE NOW by phone at (855) 935-2562, if in North America, or 1-(207) 607-7123, if international
- VOTE NOW online at www.proxyvote.com
PHOENIX, July 8, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy infrastructure solutions, encourages all stockholders to vote now FOR Proposal 2 before the 2022 Annual Meeting of Stockholders on July 18, 2022.
The time to VOTE is NOW. Every vote matters. Stockholders must VOTE by 11:59 p.m., Eastern Time, on July 17, 2022, for their vote to count. Do not wait to VOTE!
VOTE NOW - it is quick and simple:
- BY PHONE: Please call Alliance Advisors, Nikola's proxy solicitor, toll-free, at (855) 935-2562. International voters can call 1-(207) 607-7123. You can also contact Alliance Advisors if you have any questions about voting.
- Retail investors, including individual stockholders who purchased shares through app-based brokers, should call the relevant number above.
- BY INTERNET: Vote at www.proxyvote.com using your control number by following the instructions shared by your broker, bank or other nominee.
- If you are a Robinhood holder, you can vote your shares at www.proxypush.com and follow the instructions you have received.
Approving Proposal 2 is very important, as it will allow Nikola to increase the authorized number of shares of the Company's common stock from 600 million to 800 million, which will provide Nikola flexibility to support the future growth and development of the business. Nikola stockholders have voted overwhelmingly in favor of Proposal 2. However, the Company is less than
The 2022 Annual Meeting of Stockholders will be held virtually on Monday, July 18, 2022, at 2:00 p.m. Pacific Time. Nikola encourages all stockholders of record at the close of business on April 4, 2022, to vote their shares by 11:59 p.m., Eastern Time, on July 17, 2022, even if they no longer own them.
About Nikola Corporation
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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SOURCE Nikola Corporation
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