On February 5, 2024, the Board of Directors of Nikola Corporation (the “Company”) amended the Company’s bylaws, effective as of such date (as so amended, the “Bylaws”). The amendments reflected in the Bylaws enhance certain requirements for the nominations of persons for election to the Company’s Board of Directors and the proposal of business to be considered by stockholders to address certain matters relating to the universal proxy rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934.
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