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Deal to take Nikola public clears latest hurdle, merger vote set

Posted by   /  May 13, 2020  /  No Comments

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By Jeff Gifford | Phoenix Business Journal

A plan to transform Phoenix-based electric vehicle startup Nikola Corp. into a publicly traded company rolled ahead Tuesday after stockholders at VectoIQ Acquisitions Corp. agreed to extend the time to complete the deal beyond this week’s deadline.

The special meeting vote on Tuesday paves the way for the final merger vote by VectoIQ shareholders to be held June 2.

Read the full subscription story from the Phoenix Business Journal.

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