SPAC · Merger completed
Northern Genesis Acquisition Corp.
Business combination with The Lion Electric Company
Northern Genesis Acquisition Corp. is a blank-check company (SPAC) that raised $300M in its initial public offering on Aug 18, 2020, listing on New York Stock Exchange. It completed its business combination with The Lion Electric Company on May 6, 2021; the combined company is The Lion Electric Company (LEV). Morgan Stanley led the IPO. Graubard Miller advised the SPAC and Ellenoff Grossman & Schole advised the underwriters on the IPO.
The Lion Electric Company manufactures zero-emission vehicles, including all-electric class 5 to class 8 commercial urban trucks and all-electric buses and minibuses for school, paratransit and mass transit markets. It designs and assembles its own components, including chassis, battery packs, truck cabins and bus bodies.
- Status
- Merger completed
- IPO date
- Aug 18, 2020
- IPO size
- $300M
- IPO exchange
- New York Stock Exchange
- Target
- The Lion Electric Company
- Announced
- Nov 30, 2020
- Closed
- May 6, 2021
- Combined company
- The Lion Electric Company (LEV)
- IPO underwriters
- Morgan Stanley
- SPAC counsel (IPO)
- Graubard Miller
- Underwriters' counsel (IPO)
- Ellenoff Grossman & Schole
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
- 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) Aug 18, 2020
- Deal announcement (8-K) Nov 30, 2020
- Press release
- All filings on EDGAR CIK 1815495
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