BRIEF-Nikola Corp Obtained A Limited Waiver From Holder Of Its Series B-1 Senior Convertible Notes Due 2025

Reuters

2024-11-14

Nov 14 (Reuters) - Nikola Corp :

* NIKOLA CORP - OBTAINED A LIMITED WAIVER FROM HOLDER OF ITS SERIES B-1 SENIOR CONVERTIBLE NOTES DUE 2025

* NIKOLA: HOLDER OF SENIOR CONVERTIBLE NOTES AGREED TO DISCHARGE CO OF ALL OBLIGATIONS IF PAYMENT OF $39.4 MILLION MADE

* NIKOLA- ENTERED SUPPLEMENTAL INDENTURE DEALS PROVIDING CO AT LEAST $65 MILLION IN GROSS PROCEEDS FROM SALE OF COMMON STOCK

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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