In a traditional IPO, the company is limited to highlighting its past performance, not necessarily the greatest selling point for young startups that have little to show for in sales or profits. Nikola, based in Phoenix, didn't admit or deny the SEC's findings....
Nikola also agreed to continue cooperating with the SEC’s ongoing investigation....
The order also establishes a fund to return penalty proceeds to investors that were impacted.“ We are pleased to bring this chapter to a close as the
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2021-12-21 00:00:00.0