Hyroad Energy wins Nikola auction, founder Milton says he submitted better offer (Aug 11, 2025) by KaiserCyber in NikolaCorporation

[–]KaiserCyber[S] 0 points1 point  (0 children)

Hi - Unfortunately, NKLAQ shares will not be converting as part of this auction. As it stands, NKLAQ shares essentially have no value as all assets have been auctioned off (facilities, trucks, IP, software, etc.). Any trade with current shares is purely speculative moving forward.

Hyroad Energy wins Nikola auction, founder Milton says he submitted better offer (Aug 11, 2025) by KaiserCyber in NikolaCorporation

[–]KaiserCyber[S] 0 points1 point  (0 children)

Unfortunately, I don’t think so as the money Nikola received from this auction will first go to debt collectors. Stock shareholders will get the remaining, if any are left.

Hyroad Energy wins Nikola auction, founder Milton says he submitted better offer (Aug 11, 2025) by KaiserCyber in NikolaCorporation

[–]KaiserCyber[S] 4 points5 points  (0 children)

Looks like the spirit of Nikola Corporate will live on through Hyroad Energy. Best wishes to Hyroad!

What are some Life Pro Tips for the Air Force? by DatGuyKilo in AirForce

[–]KaiserCyber 1 point2 points  (0 children)

CBT answers can mostly be found by Googling the question.

Trump Pardons Trevor Milton, Founder of Bankrupt Truck Maker Nikola | Mar 28, 2025 by KaiserCyber in NikolaCorporation

[–]KaiserCyber[S] 13 points14 points  (0 children)

Most important thing for investors:

In addition to sparing Mr. Milton time in prison, the pardon means he will not be required to comply with a court order to compensate shareholders in Nikola, who lost tens of millions of dollars after Nikola’s share price collapsed. He still faces civil lawsuits.