Nikola Corporation and Tumim Stone Capital sign second USD300m common stock equity line purchase agreement.
Auto Business News-September 28, 2021--Nikola Corporation and Tumim Stone Capital sign second USD300m common stock equity line purchase agreement
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Auto Business News - 28 September 2021
United States-based Nikola Corporation (NASDAQ: NKLA) and Tumim Stone Capital LLC have signed a second USD300m common stock equity line purchase agreement.
The contract is to provide Nikola with the right to issue and sell to Tumim up to USD600m of Nikola's common stock in aggregate, subject to certain conditions and limitations.
According to this second equity...
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