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Nikola (NKLA) Stock are getting Higher

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@parksuri
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Nicola has yet to collect revenue from car sales, but the stock market is valued at $ 21 billion, which has reached the Ford level. Companies like Tesla have made an innovative promise to the vehicle with the goal of building a ship of hydrogen fuel-cell electric trucks, but Hippie is far from reality here and sales partners know it.

Nicola Corporation (NKLA) is unfortunately going to be the next Tesla, the company has filed a prospectus that allows partners to invest huge sums of money which will create an overhang on the stock.

Nicola has filed a prospectus to allow its partners to download 23,890,000 warrants and 53,390,000 shares for a combined 77,280,000 shares in the future. The good news is that Nicola will get $ 11.50 per warrant for a total income of $ 275 million. The bad news is that the partners want to sell more than 20% of the company, giving these shares an overhaul until the shares are sold.

Posted Using LeoFinance