Regarding Nikola Motors takeover

so curently on the app there is VTIQ stock which will merge with Nikola Motttors and from what I undetstand will bekome NKL. What will happen if I own VTIQ right now? Automatically become NKL?
Will get sold?

@StefanStandUp I think this still isn’t certain, as far as I remember, the deal will be voted on by VTIQ on June 2.
Should the merger go ahead & be completed, as a VTIQ shareholder, your holdings will just become NKL.

Yes, only the ticker is changing.

apreciate it man, thx cant wait for this to go on and get accepted…so yea probably will wait untill june 2 and if it gets accepted probably will get into it. if not, skip it

It’s jumped 40% already.

Merger approved. Ticker will be NKLA on Thursday. Trevor will ring the bell on Nasdaq I think…