Nikola Corporation (NKLA)

[David West]

The near-future risk for this stock is dilution, which will be caused by selling more of the stock that was authorized at the Qtr 2 Earnings Call. If the dilution causes the PPS to fall below $1 for an extended period, the risk of delisting from Nasdaq will follow. To keep the PPS above $1, the usual pattern is a reverse split.