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Special purpose acquisition company executives who brought Nikola Corp. public now oversee three top roles at the electric truck maker. The post Nikola’s latest hire puts its SPAC sponsors in full control appeared first on FreightWaves.
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/PRNewswire/ -- Alpine Environmental is pleased to announce the addition of Mark Duchesne to their team. Mark will be joining the Client Services team with a...
For Nikola Motors, the events on April 27 marked a significant milestone for a company that some were skeptical about in years past.
Milton, 39, who stepped down from the company last year, is charged with misleading investors from November 2019 until around September 2020, according to a criminal indictment unsealed Thursday by federal prosecutors in New York. He voluntarily surrendered to federal custody and was freed by a judge on $100 million bail after pleading not guilty. The bail was secured by a 2,700-acre ranch in Utah owned by Milton, who promised to limit his travel and not to contact investors.“In order to drive investor demand for Nikola stock, Milton lied about nearly every aspect of the business,â€...