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Bullboard - Stock Discussion Forum 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

Post by sylvain_007 on Apr 02, 2021 8:25am

We don't know what the IPO price will be

, 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.
 
 
Comment by Dibah420 on Apr 03, 2021 1:54pm
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