secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nikola Corp (—)
CIK:        0001731289
Form:       8-K
Filed at:   2024-01-19T23:59:59+00:00
Accession:  0001731289-24-000004
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nikola receives Nasdaq deficiency notice for bid price below $1.00 per share
----------------------------------------------------------------------------

- Received Nasdaq notice on Jan 19, 2024 for failure to maintain minimum $1.00 bid price over 30 consecutive business days.
- Has until July 17, 2024 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- Non-compliance does not immediately impact listing; additional cure period may be available if not met by deadline.
- Stock currently trades below $1.00; failure to regain compliance could lead to delisting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1731289/000173128924000004/0001731289-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1731289/000173128924000004/nkla-20240119.htm
  HTML page:      https://secwatch.observer/filing/0001731289-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer