Nikola and VectoIQ Acquisition Corp. Announce Closing of Business Combination
Speculation on NKLA NKLA doubling overnight if all goes well with this conference.
Here's Why:
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
THIS IS HUGE!
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
Do not trade this, I am long on NKLA
DotcomJack
Speculation on NKLA NKLA doubling overnight if all goes well with this conference.
Here's Why:
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
THIS IS HUGE!
- Nikola raises more than $700 million through the business combination and PIPE, which includes Fidelity Management & Research Company, ValueAct Spring Fund and P. Schoenfeld Asset Management LP
- Raised capital expected to accelerate Nikola's production of battery-electric (BEV) and hydrogen fuel-cell electric vehicles (FCEV)
- Nikola's pre-orders represent more than $10 billion in potential revenue
- Nikola's hydrogen network anticipated to cover North America; set to become the largest hydrogen network in the world
- Nikola adds Stephen Girsky, current CEO of VectoIQ and former Vice Chairman of General Motors Corporation, to its Board of Directors
Do not trade this, I am long on NKLA
DotcomJack
Bullish flag on 1 min