Well the acquisition is not that bad considering that it’s an all stock deal from inventory.
And they have 35 million cash on hand so that brings the cost down also.
I suspect they may already have the votes unfortunately.?
Well the acquisition is not that bad considering that it’s an all stock deal from inventory.
And they have 35 million cash on hand so that brings the cost down also.
I suspect they may already have the votes unfortunately.?
I think I can find votes in Georgia all they need is 11,780 vote.
At the end of the day these are people you would never want at your dinner table they are crooked despicable human beings vote NO.!
The real reason for the low price of this equity is the management.! I know it’s hard to believe these people are not smart people probably all Trumplafuck. I know there are some diehard people that love this company that is your first mistake never fall in love with any company.
This reminds me of corrupt unions trying to get the vote for their political party and is not working out so what they do is keep voting until they get it right.
The differences between a union and a company is the stockholders have skin in the game unions do not.!
So these clowns are going to fail. They will at sometime in the future be perceived as unable to punch the way out of a paper bag.
Hey sometimes everybody needs to wake up and smell the coffee they are not going to get yes vote on this.
This reminds me of corrupt unions trying to get the vote for their political party and is not working out so what they do is keep voting until they get it right.
The differences between a union and a company is the stockholders have skin in the game unions do not.!
So these clowns are going to fail. They will at sometime in the future be perceived as unable to punch the way out of a paper bag.
Maybe Elon Musk will buy all out Nikola he may not have to spend $44 billion on Twitter.
Nikola is a company that’s up and running with a good truck deliveries rebrand it easy for a so-called American oligarch it may just be the ticket… and will change the narrative overnight.
it’s an excellent choice because he’s buying a company in a nonunion state that absolutely hates unions it’s all good for the Australian guy. Cheer
Vote no
This voting stuff reminds me of good old USA deplorable crooked unions.
Keep having the stockholders vote until they get what they what. What management want is…to keep their jobs. This is a poison pill.!
If they needed some money all they have to do is put an offering for 20 to 30 million share and that would sell without a problem.
There’s nothing wrong with a takeover or a tender offer.
People need to pull back the curtain and take at A closer look of what’s going on. When you’re so close to it you’re unable to recognize who the enemy is.
This company needs to hire Rudy Giuliani he will get the votes I’m sure of it.
They needed go to Georgia and find those 11,780 votes. If you don’t believe me ask any Trumplafuck
FYI even if there’s 200 million dilution shares fails.
They will still be able to add 100 million dilution of shares anyhow.
Eyes wide open…. Remember with these people you’re looking at the right hand but you should be looking at the left hand that’s the one that’s going to f-you
Nikola had about 413 million outstanding shares as of Dec. 31, leaving room for issuing more than 100 million new shares even if holders of existing shares reject the move that could dilute the value of their holdings by as much as a third.
https://www.freightwaves.com/news/nikola-wants-to-add-200m-common-shares-that-could-raise-15b
Anybody coming in to buy Nikola they would have to pay a hefty premium price to-get institutional people behind such a purchase I would think a minimum would be anywhere between 45% 60% of the previous closing price if not A whole lot more.
Anyhow it would be worth it.. you have the full infrastructure already built product being sold to consumers.
This poison pill is terrible for shareholders.
This poison pills strictly for management and management only.
it’s not about stockholders at all.
It’s about them keeping their job and only about keeping their job.
You have to be in some respects kind of a nut job to votes for such a huge delusion of the equity I surely can understand them doing 5 to 20 million shares we would all get behind something like that…but not 200 million shares are you crazy.
You have to be a booger booger eating moron to VOTE yes.!
VOTE NO
I would think GM should buy Nikola or Tesla…. It’s cheap today right now.!
If either of these two corporations have any brains they need to purchase it before the vote.
So today Nikola has roughly had $522 million cash on hand.
The market cap today is $2.4 billion they can make a purchase for all of it for under $5 billion not much.
They could sell it and market it the way GM markets its product dodge and Chevrolet same company different names in some respects using the same parts.
VOTE NO
The dilution is a poison pill….anybody in their right mind should understand this is what it’s about the (CEO/CFO keeping there job) protecting against a hostile take over.!
Take a Read open up your mind.
It’s very interesting that in this article it’s all about poison pill takeover regarding the 200 million shares of dilution.
https://www.freightwaves.com/news/nikola-wants-to-add-200m-common-shares-that-could-raise-15b
Nikola Corp. will ask shareholders to dilute their holdings in the startup electric truck manufacturer by authorizing 200 million new shares, proceeds from which could scale electric truck operations or fight off a hostile takeover attempt. The putative poison pill defense could ward off acquirers aware that Nikola shares are cheap, closing Friday at $7.52 after touching $93 in the days after its SPAC merger in June 2020.
In my humble opinion do not vote for this Poison Pill horrible for shareholders!
Maybe there’s a rumor Musk has hinted around purchasing the asset most the infrastructure is already built and producing product.
It’s very interesting that in this article it’s about poison pill takeover regarding the 200 million shares of dilution. Take a Read open up your mind.
https://www.freightwaves.com/news/nikola-wants-to-add-200m-common-shares-that-could-raise-15b
Nikola Corp. will ask shareholders to dilute their holdings in the startup electric truck manufacturer by authorizing 200 million new shares, proceeds from which could scale electric truck operations or fight off a hostile takeover attempt. The putative poison pill defense could ward off acquirers aware that Nikola shares are cheap, closing Friday at $7.52 after touching $93 in the days after its SPAC merger in June 2020.
I see there’s a lot of company people posting this past weekend.
That’s all good however what they’re advocating is a poison pill against shareholders.
They must’ve gotten a win that someone wants to purchase them and this will keep them from purchasing Nikola.
This company can move into a stronger hand which is good for shareholders. The CFO and CEO it’s all about (their jobs and only their jobs) in IMO.
It’s very interesting that in this article it’s about poison pill takeover regarding the 200 million shares of dilution. Take a Read open up your mind.
https://www.freightwaves.com/news/nikola-wants-to-add-200m-common-shares-that-could-raise-15b
Nikola Corp. will ask shareholders to dilute their holdings in the startup electric truck manufacturer by authorizing 200 million new shares, proceeds from which could scale electric truck operations or fight off a hostile takeover attempt. The putative poison pill defense could ward off acquirers aware that Nikola shares are cheap, closing Friday at $7.52 after touching $93 in the days after its SPAC merger in June 2020.
Wow that sounds like A Trumplafuck.
So look All I want to do here. I just want to find 11,780 votes.
Poison pill votes.
So what are we gonna do here, Folks I only need is 11,780 votes give me a break.
Poison pill.
It’s very interesting that in this article it’s about poison pill takeover regarding the 200 million shares of dilution.
https://www.freightwaves.com/news/nikola-wants-to-add-200m-common-shares-that-could-raise-15b
Nikola Corp. will ask shareholders to dilute their holdings in the startup electric truck manufacturer by authorizing 200 million new shares, proceeds from which could scale electric truck operations or fight off a hostile takeover attempt.
The putative poison pill defense could ward off acquirers aware that Nikola shares are cheap, closing Friday at $7.52 after touching $93 in the days after its SPAC merger in June 2020.
I see that we have a interesting post from the company which is great however the CEO must understand this it is obvious he still does not have the votes. If it does go through will see this equity crash at least 25%. If you’re a stakeholder versus a stockholder of the two different issues here. The stockholder will suffer horrifically the stakeholder will always have something in the end.
Personally I think he should Amend the amount of shares by half I think then it will go through…even the stockholders will say hey it’s better than what they had had planned to do and they are thinking about stockholders for a change.
Maybe Trevor think also that they are allocating excessive amount of equity.?
Wow for A bankrupt companies the equity seems to be going up this morning what the Hells happening…. Is it oversold is it under sold or maybe people say that it’s better than paying $7.00 dollars for diesel versus electricity which will probably cost them $15.00 for a full charge running all day long… huh
I know we have some people that are proponents of the delusion of the equity most likely for management.
The thing management must always taken consideration and somehow they have lost the plot because at the same time they’re giving themselves shares free and their options which is part of their package they need to turn a profit before they get options.
It appears from their financials they have 550 million free cash flow at the moment on hand.
I strongly recommend not voting for giving them more shares in essence vote no to expand the float….. shareholders need to stand up and tell them to stop this type of behavior we buy our share with our own money they on the other hand give themselves 20,000 shares in allotments they pay for none of that.
And about 97% of (Walmart distribution centers ) have full set up for hydrogen refilling stations all the forklifts and hand lift trucks.
Plug powered did all those installations several years ago and all the distribution centers they have a huge tank that are refilled biweekly.
So the combination of hydrogen trucks for Walmart the infrastructure is install at all their facilities as of this date this is old news by the way.