** Shares of electric truck maker Nikola NKLA.O down 5% before the bell to $1.53 as it looks to raise equity
** NKLA set to open at fresh low. Stock hit intraday record low of $1.60 on Fri
** Phoenix, Arizona-based firm files up to $100 mln ATM ("at-the-market) equity sales program to be handled by BTIG
** Co says plans to use net proceeds from any sales to acquire or invest in complementary businesses, assets or technologies, although it has no present commitments or agreements to do so
** Co adds it retains broad discretion over use of any proceeds
** As of Oct 28, co had ~60.9 mln shares outstanding
** Through Fri close, stock has lost 94% of value this year
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
(( lance.tupper@tr.com 1-646-279-6380))
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