Nikola Corp

Nikola Corporation (NKLA) went public through a business combination with VectoIQ Acquisition Corp, sponsored by VectoIQ LLC, in June 2020, targeting the zero-emission commercial trucking sector with battery-electric and hydrogen fuel-cell heavy-duty vehicles. The company faced severe headwinds in the years that followed, including the securities fraud conviction of its founder and mounting operational losses, before filing for Chapter 11 bankruptcy protection in February 2025. The Form 25 filed on April 3, 2025 represents the formal notification of NKLA's removal from exchange listing, marking the end of its tenure as a public company. Sign up on SpacDesk for full data on this and other SPAC transactions.