Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position
Green Car Congress
MAY 3, 2022
Nikola Corporation announced that an institutional investor has agreed to make a $200-million investment in Nikola through the purchase of Convertible Senior Notes. The notes will be convertible at an initial conversion price to be determined prior to closing. —Nikola CFO Kim Brady. Citigroup Global Markets Inc.
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