Wednesday, June 7, 2023

Nikola’s bid to increase shares stalls after failing to get enough shareholders to vote

Nikola failed to get enough investors to vote on a proposal that would allow the beleaguered electric truck company to issue more shares — and, in turn, raise more capital. Nikola adjourned its annual meeting of shareholders Wednesday until July 6 in an attempt to secure the requisite number of votes needed to add shares […]

Nikola’s bid to increase shares stalls after failing to get enough shareholders to vote by Rebecca Bellan originally published on TechCrunch

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