VOTING IS OPEN! DEADLINE: JUNE 4, 2024 AT 11:59 P.M. ET
ANNUAL MEETING of STOCKHOLDER
& VOTING INFORMATION
YOUR SUPPORT IS NEEDED.
TAKE ACTION AND VOTE NOW!
VOTING DEADLINE: JUNE 4, 2024 AT 11:59 P.M. ET
VOTE HERE:
NORTH AMERICA: TOLL-FREE (855) 935-2562
INTERNATIONAL: +1 (551) 210-9929
ONLINE: proxyvote.com
A Message from Steve Shindler, Chairman of the Board:
VOTE TODAY: YOUR APPROVAL IS NEEDED
Vote FOR Each Nominee for Director and for Each Proposal at the Nikola Annual Meeting of Stockholders
Every vote matters. NKLA stockholders are encouraged to VOTE IN FAVOR of all five proposals, notably for each of the Nikola nominees for the Board of Directors in Proposal 1, and for the reverse stock split in Proposal 2, which is anticipated to have a positive impact by addressing potential delisting concerns and resetting our financial foundation.
What happens if a reverse stock split in Proposal 2 passes and is implemented?
• Reduces the number of common shares outstanding and increases the dollar value per share by the same ratio. The total dollar value of issued common stock does not change.
• Allows the stock to firmly trade above $1.00, the goal being to eliminate the delisting risk.
• Expected to encourage investor interest and improve the marketability of our common stock to an even broader range of investors.
Without Proposal 2 passing, Nikola may face delisting from Nasdaq and limitations in securing capital for our ongoing operations and business goals.
It is imperative for ALL stockholders to VOTE your shares. Stockholders as of the close of business on April 19, 2024, are entitled to vote, even if you no longer own the shares.
If you have any questions, or require assistance with voting, please contact Alliance Advisors at (855) 935-2562.
The deadline to vote is Tuesday, June 4, 2024 at 11:59 p.m. Eastern Time.
VOTING IS QUICK AND EASY – YOU CAN VOTE BY TELEPHONE OR INTERNET:
BY PHONE: Please call Alliance Advisors, Nikola’s proxy solicitor, North America toll-free, at (855) 935-2562.
International voters, have a unique control number assigned for voting purposes that can only be provided by your broker or bank due to security purposes. Therefore we suggest taking the following steps:
1. Reach out directly to your broker or bank and ask them how they handle voting for U.S. companies as they have discretion on how shares are voted.
2. During that discussion, see if they are able to vote on your behalf.
3. You can also reach out to Alliance Advisors, our proxy solicitor, at +1(551) 210-9929 with any questions.
Retail investors, including individual stockholders who purchased shares through app-based brokers, should call the relevant number above.
• Robinhood investors, proxy voting emails are sent by [email protected] and voting is hosted by Say Technologies.You will be able to vote and view materials directly from your email.
BY INTERNET: Vote at www.proxyvote.com using your control number by following the instructions shared by your broker, bank or other nominee.
No further action is required if you have already voted your shares.
Thank you for your continued support of Nikola.
The Proxy Statement can be found here. For the latest information on Nikola, please visit our Investor News Page.
Forward-Looking Statements
This communication contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the “Company” or “Nikola”). Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions that are not historical fact and, as a result, are subject to risks and uncertainties. Forward-looking statements include but are not limited to: the Company’s future financial outlook and future business performance; and the Company’s beliefs regarding the potential benefits of a reverse stock split, including its potential effect on the Company’s stock price, Nasdaq listing, the ability to increase investor interest and facilitate raising future capital and other intended benefits. Risks and uncertainties that may cause actual results to differ include factors generally affecting the business, operations, and financial condition of the Company; the actual effect on any reverse stock split on the Company’s stock price; the ability of the Company to attract additional investors; whether a reverse split is implemented and at what ratio; and the factors, risks and uncertainties described in the “Risk Factors” section of the Company’s Annual Report on Form 10-K for the year ended December 31, 2023, as amended, filed with the Securities and Exchange Commission (the “SEC”), in addition to the Company’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.