Nikola amends bylaws to enhance director nomination and stockholder proposal requirements per universal proxy rules

Nikola Corp

Board amended bylaws effective Feb 5, 2024; changes address SEC Rule 14a-19 universal proxy compliance.
Amendments enhance requirements for nominations of directors and proposals of business by stockholders.
Full text of amended bylaws filed as Exhibit 3.1; no change to fiscal year or other governance terms.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Nikola Corp: Amended bylaws to enhance requirements for director nominations and stockholder proposals related to universal proxy rules (effective 2024-02-05).

Change: bylaw amendment
Effective: 2024-02-05

Exact text from the filing

On February 5, 2024, the Board of Directors of Nikola Corporation (the “Company”) amended the Company’s bylaws, effective as of such date (as so amended, the “Bylaws”). The amendments reflected in the Bylaws enhance certain requirements for the nominations of persons for election to the Company’s Board of Directors and the proposal of business to be considered by stockholders to address certain matters relating to the universal proxy rules set forth in Rule 14a-19 under the Securities Exchange Act of 1934.

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Source: SEC EDGAR

accession 0001731289-24-000016

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