Nikola to merge with VectoIQ and list on NASDAQ

Nikola Corporation, a developer of zero-emission heavy-duty trucks, will merge with VectoIQ Acquisition Corp. The deal values the combined company at $3.3 billion and includes a $525 million PIPE investment.

“Nikola Corporation, a leader in the design and development of BEV and FCEV class 8 semi-trucks, along with VectoIQ Acquisition Corp., announces that the two companies have entered into a definitive agreement to create a company focused on the development of next generation smart transportation.”prnewswire.com

• 1 source
• prnewswire.comNikola Corporation, a Global Leader in Zero-Emissions Transportation Solutions, to Be Listed on NASDAQ Through a Merger With VectoIQNikola CorporationMar 3, 2020

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