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Nikola Bankruptcy Strands SEC’s $80 Million Claim Atop List of Unpaid Bills

Summary by Bloomberg

Nikola Corp.’s bankruptcy included an unusual leader atop the customary list of biggest potential losers — the US Securities and Exchange Commission — and the agency’s chances of getting its claim fully paid might be dim.

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Bloomberg

Nikola Bankruptcy Strands SEC’s $80 Million Claim Atop List of Unpaid Bills

2 days ago·United States

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dagens.com

Electric Car Maker Declares Bankruptcy – 1,000 Jobs Lost

Once valued higher than Ford, Nikola has now collapsed in bankruptcy, leaving 1,000 employees jobless.

1 day ago

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Driving

Electric truck-maker Nikola files for bankruptcy

The American company, the former CEO of which was handed a prison sentence for fraud, will seek to sell off most or all of its assets

1 day ago

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Transport Topics

Nikola’s Collapse Puts SEC’s $80 Million Claim at Risk

The SEC ranked No. 1 on the roster of largest unsecured creditors when Nikola, a failed maker of EV trucks, sought court protection on Feb. 19, with the regulator owed about $80 million.

2 days ago

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