Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. All amounts in this press release are indicated in US dollars unless indicated otherwise. “The business combination with Northern Genesis provides us with capital to fund Lion’s strategic initiatives, in addition to valuable expertise from Ian Robertson, Chris Jarratt and the Northern Genesis team.”. Lion believes that transitioning to all-electric vehicles will lead to major improvements in our society, environment, and overall quality of life. Article printed from InvestorPlace Media, https://investorplace.com/2021/02/nga-stock-why-investors-should-avoid-northern-genesis/. Nasdaq The company said multiple companies were interested in purchasing Solos. Get detailed information on OUE Com Reit (TS0U.SI) including stock quotes, financial news, historical charts, company background, company fundamentals, company financials, insider trades, annual reports and historical prices in the Company Factsheet. Lion and its officers and directors may also be deemed participants in such solicitation. Kansas City, MO. Investors and security holders of Northern Genesis may obtain free copies of the preliminary proxy statement/prospectus and definitive proxy statement/prospectus (when available) and other documents filed with the SEC by Northern Genesis and Lion through the website maintained by the SEC at http://www.sec.gov.The information contained on, or that may be accessed through, the websites referenced in this press release is not incorporated by reference into, and is not a part of, this press release. Given the high valuation of NGA stock, along with the tough competition that Lion will face, the fact that it has not yet made very deep inroads in the market, and the recent skepticism about SPACs, I believe that investors should avoid Northern Genesis for now. Lion Electric November 2020 Investor Presentation Lion's vision is to realize annual revenue of $3.5 billion in fiscal 2024 on 20,000 in annual vehicle sales. Readers are cautioned that such information may not be appropriate for other purposes and is not intended to serve as, and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. And way back in 2018, before the EV craze really began, the company announced 64,000 preorders for its EVs. Nuvve to Present at Lytham Partners Spring 2021 Investor Conference March 24, 2021; Blue Bird Delivers North America’s First-Ever Commercial Application of Vehicle-to-Grid Technology in Electric School Bus Partnership with Nuvve and Illinois School Districts March 23, 2021; Nuvve Corporation and Newborn Acquisition Corp. Close Business Combination March 22, 2021 With this ideology in place, the electric truck market was just theoretical with it open for anyone to join. Stockholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Get detailed information on UOB (U11.SI) including stock quotes, financial news, historical charts, company background, company fundamentals, company financials, insider trades, annual reports and historical prices in the Company Factsheet. This makes the shares definitely more attractive than Northern Genesis. Power Sustainable is a global multi-platform alternative asset manager with investments in sustainable strategies and offices in Montréal, Toronto, and Shanghai. This would place its forward 4 …
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