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Nov 30, 2020ACQUISITIONUnited States Lion Electric to merge with Northern Genesis Acquisition Corp.
The Lion Electric Company announced a merger agreement with SPAC Northern Genesis Acquisition Corp., with a US$200 million private placement, expected to list on NYSE under ticker LEV at a US$1.9 billion valuation.
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“The Proposed Transaction also includes a US$200 million committed private placement of common shares of Lion (LEV).”newswire.ca
- 2 sources
- newswire.caThe Lion Electric Company, a Power Corporation Investment, Announces Merger Agreement with Northern Genesis Acquisition Corp.Power Corporation of CanadaNov 30, 2020
- newswire.caThe Lion Electric Company, a Power Corporation Investment, Announces Merger Agreement with Northern Genesis Acquisition Corp.Power Corporation of CanadaNov 30, 2020
Summarized from public sources; check the original articles before acting on it.
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