Files chapter 11 Protection of a bankruptcy

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Electric-Truck Likola Corp trucker truck. The 11th chapter is included on Wednesday after the company failed to overcome the challenges of Macroeconomiic.
“Like other electricity industry companies, we have experienced various market and macroeconominomic features that affect our work force,” said Ceo Steve Gersky in a statement.
Giristy said the company took “many actions” to grow the capital, minimize the bill, clean up its budgets to remove the passing months, but it was not enough that the company was facing the “major challenges”. He said the transmission of the Illness were the “best way to move on to the company and its participants.
Holiday | Security | Last | Answer | Switch% |
---|---|---|---|---|
Screw | Nikola Corp. | 0.77 | +0.22 |
+ 41.44% |
On Wednesday, Nikola has $ 47 million in cash to keep things working while trying to sell goods and resetting. The company wants a court permit to sell its goods immediately to make sure you have enough cost to cover the costs during the decline.
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