Northern Genesis II Prices Upsized $360M IPO

Northern Genesis Acquisition

Northern Genesis Acquisition II registered 6 million additional units to upsize its IPO 20 percent to $360 million from the $300 milion initially planned.

The SPAC is targeting companies focused on sustainability. The sponsor’s first SPAC inked a merger agreement with Lion Electric in November.

Units of Northern Genesis II begin trading today on the NYSE under NGAB.U. Read more.

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