Nikola wants to increase shares by 200 million as it ramps up electric truck production - CNBC

3/14/2022 12:00:00 AM3 years 1 month ago
by Michael Wayland
by Michael Wayland
Nikola said the increase – from 600 million to 800 million shares – is in the "best interests" of the Company and its shareholders.
DETROIT Nikola Corp. will ask for shareholder approval to further dilute the company's stock by adding 200 million new shares to raise capital as it scales production of its first electric semitruck.… [+2545 chars]
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