Northern Genesis Acquisition Corp.

Completed 2021-05-06
  • CIK 1815495
  • NGA
  • Now LEV
  • IPO 2020-08-18
  • $319M trust
  • 62 filings

Successfully merged with The Lion Electric Company • Now trading as LEV

IPO Size
$300M
raised at the IPO
Trust
$319M
as of 2020-08-27
Current Status
Completed
from its latest filing
IPO Year
2020
year it listed

Filings, by quarter

62 filings over 5 quarters; violet bars carry a milestone

  1. 20 Q2: 1 filing
  2. 20 Q3: 20 filings
  3. 20 Q4: 9 filings
  4. 21 Q1: 19 filings
  5. 21 Q2: 13 filings
  • S-1 filed 20 Q2
  • IPO 20 Q3
  • Definitive agreement 20 Q4
  • Completed 21 Q2

SPAC Overview

Where it stands on the road from S-1 to merger

Timeline Progress

About

A newly organized blank-check company seeking an initial business combination with a business that contributes positively to sustainability through societal infrastructure. It identifies possible interests spanning energy, transportation and electric mobility, data and communication, agriculture, community services and training.

Investment Focus

Energy, Renewable Energy, Transportation, Mobility, Data & Analytics, Telecommunications, Agriculture, Construction, Education, Infrastructure

Key Information

As the filings state it

IPO Date
2020-08-18
Total Redemptions
$205K
PIPE
$200M
Jurisdiction of Incorporation
Delaware
SIC
6770
Completion Date
2021-05-06
Merger Target
The Lion Electric Company
SPAC Ticker
NGA
Merged Ticker
LEV

SPAC Team

The banks on its IPO, and the team as the filings describe it

Underwriters

Extended Team Information

The team has experience in operations, renewable energy and infrastructure investment, utilities, business development, financing and public-company leadership.

External Resources