Nikola announces $200M convertible senior notes investment; approx. $1B cash and liquidity position
Green Car Congress
MAY 3, 2022
The notes will be convertible at an initial conversion price to be determined prior to closing. Upon conversion, Nikola will have the right to settle the Notes in cash, shares, or any combination thereof at its election. Davis Polk & Wardwell LLP served as legal advisor to Citigroup Global Markets Inc.
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