Nikola Corporation (NKLA): I think the size of the offering is taki...

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Re: WeTheMarket post# 11612

Monday, 08/19/2024 10:38:46 AM

Monday, August 19, 2024 10:38:46 AM

I think the size of the offering is taking people by surprise. We knew they would be coming to the market (and wil every quarter) but 80m shares is almost double the current outstanding shares. Being convertible delays the impact somewhat, I hope they can find other funding sources as discussed in their earnings calls and other interviews for future raises

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