Hilco Streambank, a renowned advisory firm, is currently overseeing the process of seeking offers for the intellectual property and related assets of Nikola Corporation. Nikola, established in 2015, has been at the forefront of developing groundbreaking technology for zero-emission vehicles, specifically in hydrogen fuel cell and battery-electric vehicle domains. The portfolio of assets on sale includes a comprehensive vehicle-to-cloud software platform, a range of active patents covering critical areas like fuel cell systems, EV drivetrain design, and hydrogen refueling, along with registered trademarks and domain names featuring the globally recognized NIKOLA® brand. The CEO of Hilco Streambank, David Peress, highlighted Nikola's substantial portfolio of innovative solutions across both hydrogen and battery-electric vehicle technologies, emphasizing the global brand equity and strategic patent portfolio that can support various industry players in advancing their programs. The assets up for sale cater to a wide array of potential buyers, from vehicle OEMs looking to boost their hydrogen or battery-electric initiatives to energy companies eyeing vertical integration opportunities and technology investors seeking a strong foothold in the software-defined vehicle space. Interested parties are encouraged to submit offers for either the entire asset package or specific portions of it. This sale is a pivotal part of Nikola's ongoing Chapter 11 proceedings, being conducted under the jurisdiction of the U.S. Bankruptcy Court for the District of Delaware. The sale and the involvement of Hilco Streambank are subject to approval by the bankruptcy court. Hilco Streambank, known for its expertise in intellectual property valuation and monetization, is spearheading this transaction to offer potential buyers the chance to acquire cutting-edge assets that can drive innovation and market differentiation in the evolving clean mobility and energy markets.