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Nikola files Chapter 11 bankruptcy

Electric-truck maker Nikola files for Chapter 11 bankruptcy protection

Nikola said Wednesday it had filed for Chapter 11 bankruptcy protection and would pursue a sale of all or most of its assets, after grappling with rapid cash burn and struggling to raise funds in the past few quarters.

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EV Truck Startup Nikola Files for Chapter 11 Bankruptcy

Electric vehicle startup Nikola filed for Chapter 11 bankruptcy on Wednesday and plans to move forward with an auction of its assets, pending court approval.

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Tesla rival Nikola files for Chapter 11 bankruptcy citing dire electric vehicle market

Nikola, a Phoenix, Arizona-headquartered EV maker, filed for Chapter 11 bankruptcy due to monetary concerns and being a part of a struggling market.

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What Are Some Alternatives to Chapter 11 and How Do They Affect Creditors? - Creditor’s Rights Toolkit

There are many reasons why a company might be experiencing financial distress, including overwhelming debt, cash flow problems, substantial ...

Spirit Airlines to exit Chapter 11 bankruptcy with deep-pocketed buyers

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

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Nikola files Chapter 11 bankruptcy

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