- SPACs
- Northern Genesis Acquisition Corp.
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
- 20 Q2: 1 filing
- 20 Q3: 20 filings
- 20 Q4: 9 filings
- 21 Q1: 19 filings
- 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
- Registration2020-06-23 Filed S1
- IPO2020-08-18 IPO, search begins
- Definitive Agreement2020-11-30 Agreement for merger
- Completed2021-05-06 Merger Completed
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.