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Nikola Corporation, a troubled electric truck manufacturer, has filed for a common stock offering of up to $100 million, according to an SEC filing. The offering includes the resale of up to 34.16 million shares of common stock by selling stockholders. The announcement has led to a 2.5% decline in Nikola’s stock price in pre-market trading. The company has faced significant challenges in recent years, impacting its financial stability and market performance.
CONGRATS to @RiversidedotFM for their fresh round of funding 🔥 (we invested first round and here again this round) More $$ = more tools to make your work as a creator so much easier, better, faster. LFG team!! https://t.co/qBeGGPayTc
Riverside raises $30 million Series C to expand its podcast and video recording platform: https://t.co/JpZEPyKkvl by TechCrunch #infosec #cybersecurity #technology #news
Troubled electric truckmaker Nikola offers up to $100 million in common stock: https://t.co/8E5T2jfI1F by TechCrunch #infosec #cybersecurity #technology #news