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Lion Electric is set to go public after shareholders of special purpose acquisition company (SPAC) Northern Genesis Acquisition Corp. approved a merger Friday with the Canadian electric truck and bus manufacturer.Quebec-based Lion will trade on the New York Stock Exchange and the Toronto Stock Exchange under the symbol LEV once the transaction closes. Lion Electric CEO Marc Bedard and Northern Genesis Acquisition Corp's (NYSE: NGA) Ian Robertson joined Benzinga’s SPACs Attack show to discuss their merger and growth ahead.. Lion has more than 300 buses on the road in the United States and Canada, with more than 6 million miles driven, Alexander said. This article will breakdown everything you need to know as we move closer to the Northern Genesis & The Lion Electric Merger deal. Lion Electric is a Canadian electric truck and bus company with a growing American presence. The NGA merger is close to completion with the shareholder meeting on the 23rd April 2021. The Lion Electric Co. is planning to go public via a SPAC merger as it prepares to deliver its first battery-powered electric trucks. Lion Electric's move is the latest SPAC activity on the front of green trucking. It has seven electric bus and truck models. Lion Electric, with which Northern Genesis is merging, too is promising big-time growth over the coming years.But Lion has one key difference from so many other SPACs that make it … With the reverse merger, Lion Electric now plans to offer three more Class 8 models in 2021. Northern Genesis Acquisition Corp. announced that its stockholders have approved a merger with The Lion Electric Co. company formed for the purpose of effecting a merger, stock exchange, The Lion Electric Co 921, chemin de la Rivière-du-Nord, Saint-Jérôme, QC, J7Y 5G2 450 432-5466 |1 855 546-6706 thelionelectric.com acquisition, reorganization or similar business combination with one or more businesses. The Lion Electric Company Merger with Northern Genesis Acquisition Corp. Investor Conference Call Transcript November 30, 2020 Operator Welcome to the The Lion Electric Company and Northern Genesis Acquisition Corp. Transaction Conference Call. Lion Electric, a Canadian company that specializes in electric powertrains and commercial EVs, is now all set to go public as shareholders … Announce Merger and Commitments for $200 Million in a PIPE; Combined Company Expected to be Listed on NYSE The Lion Electric Company and Northern Genesis Acquisition Corp. Assuming shareholders approve the transaction, Lion Electric could be trading as early as next week. A Kansas City-based SPAC is closer to getting a name with a bit more bite.

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