Northern Genesis Acquisition Corp. Redeemable Warrants each warrant exercisable for shares of common stock at an exercise price of $11.50 per share NGA.WS

RE:We don't know what the IPO price will be

[Dibah420]

sylvain_007 wrote:

, but it would be amazing if it went below $20 and the stock soared to $50 or more. The fact that Amazon has the ability to buy shares at such a low price was probably negotiated with the truck order. Note that the warrants are priced at over $23. In itself Amazon is a visible and profitable company that will only bring in more money, huge visibility and big contracts. I never thought that NGA would go below $25 or $30 US. Can I be wrong, of course, but I think that the value of the stock on the day of the IPO will double or triple.

 

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007
I scanned though the sec material long time ago so pl refresh my memory if I am wrong.
(1)  If you hold ONE share of NGA you will get in exchange ONE share of LEV when merger is approved. Share price on the market will be what it will be.
2)  What exactly do you mean when you say "We don't know what the IPO price will be".  Wasn't it agreed upon at $10 per NGA share?