Let's ride.
https://finance.yahoo.com/news/nikol...153000657.html
- The combined company's shares to continue to be listed on Nasdaq under new ticker symbol "NKLA"
- 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