Nikola Corporation (NKLA): Those shares were registered Monday. Po...

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Re: SilverKnightLV post# 2031

Thursday, 06/25/2020 3:33:26 PM

Thursday, June 25, 2020 3:33:26 PM

Those shares were registered Monday. Potentially they needed to get restrictive legends removed from certificates and then deposit them - my understanding of the process is 20 years old - so they MIGHT not be available in practice even if they are in principle.

The first effect will not be them selling but them being available to borrow by shorts.

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