Replies to post #8088 on Nikola Corp (fka NKLAQ)

[chocolate man]

What's to stop them from selling stock for a very short period and let the stock move up before starting to sell again. It behoves them to sell at the highest price possible so they can make as much money on the stock they are selling.

[ExtremelyBullishZig]

They won't dilute all at once. They will dilute let the stock go up on news...dilute...rinse and repeat. You will see new share counts rise on each quarterly report.

[Donotunderstand]

HELP

are you suggesting - with the post content below - that NKLA can on any day sell NEW shares to raise capital ? --- that there is some GOV or ? filing and PROSPECTUS that allows/covers this?

NEWS to me --- so "what filing" with whom? (link?)

According to the latest filing they can sell upto 250 million shares at market prices