** Electric truck-maker Nikola Corp has agreed to pay $125 mln to settle civil charges that it defrauded investors by misleading them about its products, technical advancements and commercial prospects, the U.S. Securities and Exchange Commission (SEC) says.

** Nikola shares up 1.6% at $9.40 premarket

** SEC had accused co of violating U.S. securities laws with numerous misleading statements made from March to September 2020 about in-house production capabilities, reservation book and financial outlook

** Stock down 39.4% YTD, as of last close

(Reporting by Eva Mathews in Bengaluru) ((eva.mathews@thomsonreuters.com))