Lohscheller Releases Video Explaining Why Proposal 2 is Vital to Nikola’s Future

Proposal 2 is seeking the approval to increase the number of authorized shares of Nikola common stock

 Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, has published a video message from President and Chief Executive Officer Michael Lohscheller, explaining why he is recommending Nikola stockholders vote FOR all six proposals for the June 7 annual meeting, particularly Proposal 2. The video can be accessed HERE and is available on all Nikola social media channels.

Proposal 2 is seeking the approval to increase the number of authorized shares of Nikola common stock. In the video, Lohscheller states, “Nikola is in a capital-intensive energy and transportation business. Trucks and fueling stations are expensive. Our goal is to change the way the world transports goods, so we aren’t damaging our planet. The company is meeting its milestones and producing some of the world’s first battery-electric trucks, and is on track to produce some of the world’s first hydrogen fuel cell electric trucks so we can reduce the 4 million Class 8 diesel trucks on U.S. roads today. Nikola is creating a clean energy ecosystem to acquire, produce and distribute hydrogen to fuel these trucks. We intend to have 60 stations in California by 2026.”

To make this happen, Nikola is asking its stockholders to help create this future by voting FOR all the proposals.

Every vote matters. Stockholders must ACTIVELY VOTE by 11:59 p.m., Eastern Time, on June 6, 2023, for their vote to count.

VOTE NOW – it is quick and simple:

• BY PHONE: Please call Alliance Advisors, Nikola’s proxy solicitor, toll-free, at (855) 935-2562, if in North America. International voters can call 1 (551) 210-9929. You can also contact Alliance Advisors if you have any questions about voting.
  • Retail investors, including individual stockholders who purchased shares through app-based brokers, should call the relevant number above.
  • Beneficial holders should call 1 (866) 804-9616.
• BY INTERNET: Vote at www.proxyvote.com using your control number by following the instructions shared by your broker, bank or other nominee.
  • If you are a Robinhood holder, proxy voting emails are sent by [email protected] and voting is hosted by Say Technologies. You will be able to vote and view materials directly from your email.

The 2023 Annual Meeting of Stockholders will be held virtually on Wednesday, June 7, 2023, at 1:00 p.m., Pacific Time via live audio webcast. In order to attend, you must register in advance at http://www.viewproxy.com/nkla/2023 by 11:59 p.m., PT on June 6, 2023.

Category: Cab, Trailer & Body, Electric Vehicles, Equipment, Featured, Fuel & Oil, General Update, Green, News, Products, Tech Talk, Transit News, Vehicles