Nikola Corp. Settles SEC Objection To Ch. 11 Plan For $4M

By Yun Park · September 3, 2025, 3:21 PM EDT

Electric-truck maker Nikola Corp. told a Delaware bankruptcy judge that it had resolved an objection to its Chapter 11 liquidation plan by the U.S. Securities and Exchange Commission, agreeing to pay...

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Bankruptcy Scorecard

Summary

The maker of electric and hydrogen-powered trucks filed for bankruptcy with plans to sell itself as a going concern.

Case Number

25-bk-10258

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Related Sections

Case Information

Case Title

Nikola Corporation

Case Number

1:25-bk-10258

Court

Delaware

Nature of Suit

Date Filed

February 19, 2025

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