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-0.00420546710723945 -0.00870982276960064 -0.00375488134574956 -0.00525683388404935 -0.0237308501051367 -0.0401021327726045 -0.0647341544007211 -0.0713427455692402
Stock impact report

NIKOLA CHAIRMAN ADDRESSES STOCKHOLDER QUESTIONS ON REVERSE SPLIT PROPOSAL IN DEFINITIVE PROXY STATEMENT [Yahoo! Finance]

Nikola Corporation (NKLA) 
Company Research Source: Yahoo! Finance
PHOENIX April 30, 2024 /PRNewswire/ -- In a recent social media post, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, invited NKLA stockholders to submit questions related to the Proxy Statement filed earlier in the month. Steven Shindler , Chairman of the Board at Nikola, recorded a video addressing key questions about Proposal 2, which includes a reverse stock split. The video addresses one of the five proposals to be voted on at the June 5, 2024 , Annual Stockholder Meeting. The full video and transcript of the interview can be accessed here. In the video, Shindler elaborated on the rationale behind Proposal 2 — the recommendation of a reverse split: "We must eliminate the distraction of delisting and position ourselves to raise capital more efficiently and effectively. We believe that if we can achieve a share price at a more consistent level with the Russell 3000 compani Show less Read more
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