27 June, 2020
Skadden advised Hanwha Group, a significant shareholder of Nikola Corporation, in connection with Nikola's completion of its previously announced business combination with VectoIQ Acquisition Corp., a publicly-traded special purpose acquisition company, and Nikola's listing on the Nasdaq Global Select Market. The business combination was approved on June 2, 2020 by VectoIQ stockholders, and on June 4, 2020 the combined company's shares began trading on the Nasdaq under the new ticker symbol "NKLA." For more information, please see Nikola's press release.
The Skadden team included Corporate partners Amr Razzak (Palo Alto) and Young Shin (Seoul/New York), and associate Josh LaGrange (Palo Alto); Executive Compensation and Benefits partner Joseph Yaffe (Palo Alto/Los Angeles), Corporate Restructuring counsel Carl Tullson (Wilmington); and Tax partner Nathan Giesselman (Palo Alto).
