Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Nikola Corp incurred convertible notes of $40,000,000 in aggregate principal amount of series A-2 senior convertible notes with an investor at not specified maturing September 22, 2024.
- Instrument
- convertible notes
- Principal
- $40,000,000 in aggregate principal amount of series A-2 senior convertible notes
- Counterparty
- an investor
- Rate
- not specified
- Maturity
- September 22, 2024
- Event
- incurrence
Exact text from the filing
On September 22, 2023, Nikola Corporation (the “Company”) expects to consummate the sale of $40,000,000 in aggregate principal amount of series A-2 senior convertible notes (the “Notes”) to an investor (the “Offering”) party to that certain Securities Purchase Agreement, dated as of August 21, 2023 (the “Purchase Agreement”), which covers the sale of up to $325,000,000 in aggregate principal amount of senior convertible notes, in a registered direct offering.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nikola Corp entered into Second Supplemental Indenture with Wilmington Savings Fund Society, FSB valued at second supplemental indenture for issuance of series A-2 senior convertible notes (effective 2023-09-22).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Wilmington Savings Fund Society, FSB
- Value
- second supplemental indenture for issuance of series A-2 senior convertible notes
- Effective
- 2023-09-22
Exact text from the filing
The Notes will be issued pursuant to the second supplemental indenture (the “Second Supplemental Indenture”), dated as of September 22, 2023, between the Company and Wilmington Savings Fund Society, FSB, as trustee (the “Trustee”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nikola Corp entered into Securities Purchase Agreement with Investor valued at up to $325,000,000 in aggregate principal amount of senior convertible notes; initial tranche of $40 (effective 2023-08-21).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Investor
- Value
- up to $325,000,000 in aggregate principal amount of senior convertible notes; initial tranche of $40
- Effective
- 2023-08-21
Exact text from the filing
On September 22, 2023, Nikola Corporation (the “Company”) expects to consummate the sale of $40,000,000 in aggregate principal amount of series A-2 senior convertible notes (the “Notes”) to an investor (the “Offering”) party to that certain Securities Purchase Agreement, dated as of August 21, 2023 (the “Purchase Agreement”), which covers the sale of up to $325,000,000 in aggregate principal amount of senior convertible notes, in a registered direct offering.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Nikola Corp entered into Base Indenture with Wilmington Savings Fund Society, FSB valued at indenture governing the senior convertible notes (effective 2023-08-21).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- Wilmington Savings Fund Society, FSB
- Value
- indenture governing the senior convertible notes
- Effective
- 2023-08-21
Exact text from the filing
The Second Supplemental Indenture supplements the indenture entered into by and between the Company and the Trustee, dated as of August 21, 2023 (the “Base Indenture”).
View on SEC.gov