Will Nikola’s breakout chart path for other high-tech startups?

Nikola Badger electric pickup truck

As shares in electric truck startup Nikola Corp. (NASDAQ: NKLA) surge, a banker who ran the book on the company’s reverse merger said similarly structured public offerings in clean transportation are likely this year.

Nikola went public on June 4 following a merger with VectoIQ, a “blank check” company created specifically to invest in Nikola, which it chose from more than 100 companies it examined over two years. The official term is Special Purpose Acquisition Company (SPAC).

Nikola shares...

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