An earlier version of this report had an error in the sum to be raised. It’s $325 million. The article has been corrected.
Nikola Corp.’s stock NKLA slid 4% in premarket trade Monday, after the electric truck maker announced plans to offer $325 million in senior convertible bonds in a registered direct offering. The company said in a regulatory filing that it expects to close an initial sale of $125 million in principal on Monday. The company expects net cash proceeds from the initial closing…
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