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NKLA.XX News

Bill Ackman's Pershing Square Tontine joins a long list of 2020 SPAC milestones

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Pershing Square Tontine Holdings (PSTHU) raised $4 billion and traded up 6.5% yesterday, becoming the largest Special Purpose Acquisition Company (SPAC) ever to go public. It is the latest milestone in a record-breaking year for SPACs. To...read more

Electric vehicle startup Nikola set to begin trading under symbol NKLA following SPAC merger approval

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VectoIQ Acquisition, a blank check company led by former GM execs and focused on the smart transportation industry, disclosed on Tuesday that virtually all shareholders voted to approve the pending acquisition of hydrogen-powered electric truck startup Nikola...read more

US IPO Weekly Recap: Pluralsight pops 39%, with more unicorns on the way

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Tech again showed its strength, as online IT training unicorn Pluralsight (PS) finished the week with a 39% gain. More on that below. And more software unicorns are coming: Adaptive Insights (ADIN) filed this week, following...read more

Smart transportation SPAC VectoIQ Acquisition prices $200 million IPO at $10

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VectoIQ Acquisition, a blank check company led by former GM execs and focused on the smart transportation industry, raised $200 million by offering 20 million units at $10, as expected. At that price, VectoIQ commands a market value of $256 million. Each...read more