Nasdaq: NKLA (Now NKLAQ) Stock in December 2025 – Bankruptcy, Delisting and the Final Chapter for Nikola Shareholders
Nikola Corporation filed for Chapter 11 bankruptcy on February 19, 2025, and was delisted from Nasdaq on April 14. Shares now trade over-the-counter as NKLAQ at $0.0026, with a market cap near $310,000. A bankruptcy court approved a liquidation plan in September canceling all common stock with no payout to shareholders, expected to take effect in December.