IPO SPAC APO DPO RM AND DA board

[JohnCM]

SPAQ
Spartan Energy Acquisition Corp.

Dear Stockholders of Spartan Energy Acquisition Corp

You are cordially invited to attend the special meeting (the “special meeting”) of stockholders of Spartan Energy Acquisition Corp. (“Spartan,” “we,” “our,” “us” or the “Company”), which will be held at local time, on , 2020, via live webcast at the following address: . At the special meeting, Spartan stockholders will be asked to consider and vote upon the following proposals:

The Business Combination Proposal—To consider and vote upon a proposal to (a) approve and adopt the Business Combination Agreement and Plan of Reorganization, dated as of July 10, 2020 (the “Business Combination Agreement”), among Spartan, Spartan Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Spartan (“Merger Sub”), and Fisker Inc., a Delaware corporation (“Fisker”), pursuant to which Merger Sub will merge with and into Fisker, with Fisker surviving the merger as a wholly owned subsidiary of Spartan and (b) approve such merger and the other transactions contemplated by the Business Combination Agreement (the “business combination” and such proposal, the “Business Combination Proposal”) (Proposal No. 1). A copy of the Business Combination Agreement is attached to this proxy statement as Annex A.

The Charter Proposals—To consider and vote upon each of the following proposals to amend Spartan’s amended and restated certificate of incorporation (the “Charter”) (collectively, the “Charter Proposals”):

The Authorized Share Charter Proposal—To (a) increase the number of authorized shares of Spartan’s Class A Common Stock, par value $0.0001 per share (the “Class A Common Stock”), from 200,000,000 shares to 750,000,000 shares, (b) increase the number of authorized shares of Spartan’s Class B Common Stock, par value $0.0001 per share (the “Class B Common Stock”), from 20,000,000 shares to 150,000,000 shares, and (c) increase the number of authorized shares of Spartan’s Preferred Stock, par value $0.0001 per share, from 1,000,000 shares to 15,000,000 shares (the “Authorized Share Charter Proposal”)