Nikola Corp

Nikola Corporation, ticker NKLA on Nasdaq, completed its public market debut via a merger with VectoIQ Acquisition Corp, a blank-check vehicle sponsored by VectoIQ LLC that launched its IPO in 2018. Focused on the next-generation transportation sector, VectoIQ targeted electric, autonomous, and fuel-cell technologies before agreeing to combine with commercial truck developer Nikola Corporation; the deal closed in June 2020. The combined company pursued battery-electric and hydrogen fuel-cell heavy trucks but faced mounting financial and regulatory headwinds, ultimately filing for Chapter 11 bankruptcy protection in February 2024. Sign up for full data on SpacDesk to track this and thousands of other SPAC transactions.