Chapter 11 is a reorganization process. I was out in my Nikola truck yesterday and will jump behind the wheel again today,” he said in a statement to Fleet Maintenance. Nikola is entering bankruptcy ...

Nikola enters Chapter 11 with approximately $47 million in cash on hand to fund the foregoing activities, implement the postpetition sale process, and exit Chapter 11 through a plan process. Given ...

Nikola on Feb. 19 filed the voluntary petition for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware, seeking authorization for an auction or sale of its assets.

Nikola's stock has traded under $2 per share since early December. Factoring out a 1-for-30 reverse stock split last year, FactSet reports Nikola's all-time closing price was nearly $80 in June 2020.

(RTTNews) - Nikola Corp. has filed for Chapter 11 bankruptcy protection while actively pursuing an asset sale, marking a pivotal juncture for the once-promising electric vehicle pioneer.

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in ...