SPAC · Merger completed
Northern Genesis Acquisition Corp. II
Business combination with Embark Trucks Inc.
Northern Genesis Acquisition Corp. II is a blank-check company (SPAC) that raised $75M in its initial public offering on Jan 14, 2021, listing on New York Stock Exchange. It completed its business combination with Embark Trucks Inc. on Nov 10, 2021; the combined company is Embark Technology, Inc. (EMBK). Morgan Stanley led the IPO, with J.P. Morgan and Barclays. Graubard Miller and Husch Blackwell advised the SPAC and Davis Polk advised the underwriters on the IPO.
Embark Trucks Inc. is a U.S.-based autonomous vehicle software-as-a-service provider focused on the safety, efficiency and sustainability of the trucking market. Through its Partner Development Program, it works with shippers and carriers on integrating autonomous trucks into supply chains.
- Status
- Merger completed
- IPO date
- Jan 14, 2021
- IPO size
- $75M
- IPO exchange
- New York Stock Exchange
- Target
- Embark Trucks Inc.
- Announced
- Jun 23, 2021
- Closed
- Nov 10, 2021
- Combined company
- Embark Technology, Inc. (EMBK)
- IPO underwriters
- Morgan Stanley, J.P. Morgan, Barclays and CIBC
- SPAC counsel (IPO)
- Graubard Miller and Husch Blackwell
- Underwriters' counsel (IPO)
- Davis Polk
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Jan 14, 2021
- Deal announcement (8-K) Jun 23, 2021
- Press release
- All filings on EDGAR CIK 1827980
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