Nikola still short of shareholder support to issue new stock – hampered by founder Trevor Milton - CNBC
6/30/2022 12:00:00 AM3 years 8 months ago
by John Rosevear
by John Rosevear
The company has spent the past month rallying shareholders to vote for the proposal in sufficient numbers to overcome objections from founder Trevor Milton.
Electric truck startup Nikola is still short of clearing a shareholder hurdle to raise new funds, the company said Thursday hampered by the objections of its disgraced and now-departed founder. The … [+3475 chars]
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