NEW YORK, May 26, 2020 /PRNewswire/ -- VectoIQ Acquisition
Corp. (NASDAQ: VTIQ) ("VectoIQ" or the "Company"), a
publicly-traded special purpose acquisition company, reminds
stockholders to vote in favor of the approval of the Company's
proposed business combination with Nikola Corporation ("Nikola"), a
leader in the design and development of BEV and FCEV class 8
semi-trucks, and the related proposals to be voted upon at the
Company's special meeting in lieu of annual meeting of stockholders
scheduled to be held on June 2, 2020,
as described in the Company's proxy
statement/prospectus/information statement dated May 8, 2020 (the "Proxy Statement").
Every stockholder's vote is important, regardless of the number
of shares the stockholder holds. Accordingly, VectoIQ
requests that each stockholder complete, sign, date and return a
proxy card, if it has not already done so, to ensure that the
stockholder's shares will be represented at the special meeting.
Stockholders which hold shares in "street name," meaning that their
shares are held of record by a broker, bank or other nominee,
should contact their broker, bank or nominee to ensure that their
shares are voted.
In connection with the proposed transaction, VectoIQ filed the
Proxy Statement with the SEC on May 8,
2020, and the Proxy Statement and proxy card were mailed
shortly thereafter to VectoIQ stockholders of record as of the
close of business on May 8, 2020.
All stockholders of record of VectoIQ common stock as of the
close of business on May 8, 2020 are
entitled to vote their shares either in person or by proxy at the
stockholder meeting. If any VectoIQ stockholder has not received
the Proxy Statement, such stockholder should confirm the proxy's
status with their broker, or contact Morrow Sodali LLC ("Morrow"),
VectoIQ's proxy solicitor, for help, toll-free at (800) 662-5200
(banks and brokers can call collect at (203) 658-9400).
The VectoIQ special meeting of stockholders is scheduled to take
place on June 2, 2020 at 11:00 a.m. Eastern time, at the offices of
Greenberg Traurig, LLP, located at 1750 Tysons Boulevard, Suite
1000, McLean, Virginia 22102.
Important Information and Where to Find It
In connection with the proposed business combination between
Nikola and VectoIQ and related transactions (the "Proposed
Transactions"), VectoIQ has filed a registration statement on Form
S-4 (the "Registration Statement") with the SEC, which includes the
Proxy Statement distributed to holders of VectoIQ's common stock in
connection with VectoIQ's solicitation of proxies for the vote by
VectoIQ's stockholders with respect to the Proposed Transactions
and other matters as described in the Registration Statement, a
prospectus relating to the offer of the securities to be issued to
Nikola's stockholders in connection with the Proposed Transactions,
and an information statement to Nikola's stockholders regarding the
Proposed Transactions. Investors and security holders and other
interested parties are urged to read the Proxy Statement, and any
amendments thereto and any other documents filed with the SEC when
they become available, carefully and in their entirety because they
contain important information about VectoIQ, Nikola and the
Proposed Transactions. Investors and security holders may obtain
free copies of the Proxy Statement and other documents filed with
the SEC by VectoIQ through the website maintained by the SEC at
http://www.sec.gov, or by directing a request to: VectoIQ
Acquisition Corp., 1354 Flagler Drive, Mamaroneck, NY 10543.
Participants in the Solicitation
VectoIQ and Nikola and their respective directors and certain of
their respective executive officers and other members of management
and employees may be considered participants in the solicitation of
proxies with respect to the Proposed Transactions. Information
about the directors and executive officers of VectoIQ and Nikola is
set forth in the Registration Statement. Stockholders, potential
investors and other interested persons should read the Registration
Statement carefully before making any voting or investment
decisions. These documents can be obtained free of charge from the
sources indicated above.
No Offer or Solicitation
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such jurisdiction.
No offering of securities shall be made except by means of a
prospectus meeting the requirements of Section 10 of the Securities
Act.
About VectoIQ
VectoIQ was formed for the purpose of effecting a merger, share
exchange, asset acquisition, stock purchase, recapitalization or
other similar business combination with one or more businesses.
VectoIQ is sponsored by VectoIQ Holdings, LLC (including P.
Schoenfeld Asset Management LP) and Cowen.
Contact
Morrow Sodali LLC
Stockholders: (800) 662-5200
Banks and brokers: (203) 658-9400
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SOURCE VectoIQ Acquisition Corp.
