Alan Adler
Friday, April 14, 2023
Nikola seeks to double shares to keep business going
Financially struggling Nikola Corp. wants shareholders to double the company’s authorized shares so it can pay its loans in stock.
Other FreightWaves Products
proxy statement
Read More »
Alan Adler
Sunday, March 13, 2022
Nikola wants to add 200M common shares that could raise $1.5B
Nikola is asking shareholders to dilute their investment by authorizing 200 million new shares of the electric truck maker that could raise $1.5 billion.
Alan Adler
Wednesday, May 19, 2021
Nikola execs play the long game and take $1-a-year post-SPAC salaries
Nikola’s top five executives are taking $1-a-year salaries with huge stock payouts ahead if they restore lost share value.