Nikola Corp: Nasdaq/NYSE listing notice — Nikola to be delisted from Nasdaq on Feb 26 after Chapter 11 bankruptcy filing

Nikola Corp

Filed Chapter 11 bankruptcy petitions on Feb 19, 2025 in Delaware.
Nasdaq determined delisting based on bankruptcy, public interest concerns, and residual equity risk.
Trading of NKLA common stock suspended at open on Feb 26, 2025.
Company will not appeal the delisting determination.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Nikola Corp received a nasdaq delisting notice notice regarding other (rules 5101, 5110(b), IM-5101-1).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5110(b), IM-5101-1

Exact text from the filing

February 19, 2025, filed voluntary petitions for relief under chapter 11 of Title 11 of the United States Code in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Filing”). On February 19, 2025, the Company received a letter (the “Delisting Notice”) from the staff of the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Staff had determined that the Company’s securities will be delisted from Nasdaq pursuant to Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1. Pursuant to the Delisting

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Source: SEC EDGAR

accession 0001731289-25-000011

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