Northern Genesis Acquisition Corp. announced that its stockholders have approved a merger with The Lion Electric Co.
Did NGA merge with Lion?
(“NGA”) (NYSE: NGA), a U.S. publicly-traded special purpose acquisition company and The Lion Electric Company (“Lion”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced that today NGA’s stockholders approved the previously announced business combination transaction with Lion, and …
Who is NGA merging with?
–(BUSINESS WIRE)–Northern Genesis Acquisition Corp. (NYSE: NGA), a publicly traded special purpose acquisition company (“Northern Genesis”), and Lion Electric, an innovative manufacturer of zero-emission vehicles, announced today that Lion Electric’s registration statement on Form F-4 (File No.
Who bought Lion Electric?
Lion Electric Company
| Native name | La Compagnie Électrique Lion |
|---|---|
| Key people | Marc Bédard and Camile Chartrand |
| Products | Buses and trucks |
| Services | Bus and truck manufacturing |
| Owner | Marc Bédard and Camile Chartrand |
What happened to Northern Genesis Acquisition Corp?
The Business Combination is expected to close on or around November 10, 2021, pending approval by stockholders of Northern Genesis 2 at its special meeting of stockholders to be held on November 9, 2021. In connection with the closing, Northern Genesis 2 will change its corporate name to Embark Technology, Inc.
Is Lion electric publicly traded?
Lion Electric Closes Business Combination with Northern Genesis Acquisition Corp. and will Debut as a Publicly Traded Company.
Is Nga Lion Electric?
Lion Electric Closes Business Combination with Northern Genesis Acquisition Corp. and Will Debut as a Publicly Trade Company. … (“NGA”) (NYSE: NGA), a special purpose acquisition company, announced today the completion of their previously announced business combination (the “business combination”).
What SPAC is merging with Lion?
announced that its stockholders have approved a merger with The Lion Electric Co. The Montreal-based maker of electric buses and vehicles has been working since November on a merger with Northern Genesis that will result in Lion trading on the New York Stock Exchange under the symbol “LEV.”
Is Northern Genesis a good investment?
If you are looking for stocks with good return, Northern Genesis Acquisition Corp can be a profitable investment option. Northern Genesis Acquisition Corp quote is equal to 18.580 USD at 2022-01-02. Based on our forecasts, a long-term increase is expected, the “NGA=” stock price prognosis for 2026-05-05 is 139.643 USD.
Is Nga A SPAC stock?
Shares of Northern Genesis Acquisition (NYSE:NGA) slumped 21.7% in February, according to data from S&P Global Market Intelligence. A big pullback for electric vehicle (EV) stocks is pressuring the valuation of the special purpose acquisition company (SPAC).