The electric truck manufacturer Nikola was once more in the process of getting shareholders' approval.
Nikola Motors- Electric Truck
Nikola Motors- Has been Stopped
Nikola said Monday that this measure has been stopped by the company's now-deceased founder.
In a short webcast on Monday the chairman Steven Girsky said that while the vote on the plan.
Nikola Motors- Short Webcast
To issue shares in new shares is more close than it was just a couple of weeks ago, the total is still short.
Nikola Motors- In New Shares
Nikola's shares were essentially the same in after-hours trading following the meeting ended.
Nikola Motors- Hours of Trading
Nikola is looking to raise funds by issuing new shares and this requires approval from shareholders.
Nikola Motors- To Raise Funds
The annual shareholders meeting was canceled after its former CEO and founder, Trevor Milton.
Nikola Motors- Meet was Canceled
Image Source- Electrive
The meeting was briefly reopened on June 30 only to be called off once more because the plan.
Nikola Motors- Once More
Image Source- NBC News
Following the announcement that 16 Starbucks stores would be closing because of what they said.
Starbucks CEO Warning on Stores