Lion Electric Closes Business Combination with Northern Genesis

Lion Electric

Lion Electric and Northern Genesis Acquisition completed their business combination, following shareholder approval April 23.

Shares begin trading today on the NYSE and Toronto Stock Exchange under LEV. Warrants are scheduled to begin trading on the NYSE under LEV WS and on the TSX under LEV.WT.

The deal resulted in proceeds of approximately $490 million to Lion, after payment of transaction expenses.

Lion manufactures all-electric medium and heavy-duty urban vehicles. Read more

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