Nikola Corporation, f/k/a VectoIQ Acquisition Corp. Information Request Form

Company: Nikola Corporation, f/k/a VectoIQ Acquisition Corp.

Ticker: (NASDAQ) NKLA

Deadline

Passed

Lead Plaintiff Deadline: November 16, 2020

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Allegations

(1) VectoIQ did not engage in proper due diligence regarding its merger with Nikola; (2) Nikola overstated its “in-house” design, manufacturing, and testing capabilities; (3) Nikola overstated its hydrogen production capabilities; (4) as a result, Nikola overstated its ability to lower the cost of hydrogen fuel; (5) Nikola founder and Executive Chairman, Trevor Milton, tweeted a misleading “test” video of the Company’s Nikola Two truck; (6) the work experience and background of key Nikola employees, including Mr. Milton, had been overstated and obfuscated; (7) Nikola did not have five Tre trucks completed; and (8) as a result, defendants’ public statements were materially false and/or misleading at all relevant times.