Nikola Stockholders: Final Hours to Vote FOR Proposal 2
Options are available to facilitate passage of Proposal 2 if vote not secured by June 7
The Delaware State Senate recently passed a bill approving proposed amendments to the Delaware General Corporation Law that would reduce the threshold for approval to a majority of the shares voting on the proposal. The pending legislation is expected to be effective August 1, 2023. Under this proposed new law, Nikola would have sufficient number of votes today to secure approval for Proposal 2.