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Replies to post #71 on Nikola Corp (fka NKLAQ)

Replies to #71 on Nikola Corp (fka NKLAQ)
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TallTrader

03/05/20 11:11 AM

#72 RE: TSPCrew #71

The Company "may" call the Public Warrants
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Marauder65

03/05/20 12:07 PM

#76 RE: TSPCrew #71

correct
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TallTrader

03/05/20 12:10 PM

#77 RE: TSPCrew #71

FWIW ... I own both the common and warrants.
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Jake C

04/29/20 6:18 PM

#316 RE: TSPCrew #71

That's the way I read it as well. It seems a way they can avoid investors holding on to warrants for years, and exercising them when the stock price has (theoretically) grown substantially.
If the stock price hits $18 and remains at or above that level, they can buy back the warrants at $0.01/each.