Nikola (NKLA) enters Equity Distribution Agreement with BTIG
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Nikola (NKLA) files to offer 34.16 million shares of common stock
December 9, 2024 8:24 AM ESTNikola (NASDAQ: NKLA) disclosed:
This prospectus relates to the resale from time to time by the selling stockholders identified in this prospectus of up to 34,159,256 shares of our common stock, $0.0001 par value per share, or common stock, which is the maximum number of shares issuable at the current conversion rate of 320.9243 shares per $1,000 principal amount of Notes (as defined below), which conversion rate is in effect through January 31, 2025, consisting of (i) up to 33,920,250 shares issuable upon conversion of our 8.00% / 11.00% Convertible Senior PIK Toggle Notes due 2026,... More
