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

the IPO price will not be below the NGA price, that would be

[sylvain_007]

the IPO price will not be below the NGA price, that would be insane.

I think the price should be adjusted. The already announced $10 will be easily exceeded and we will open around $20 in my opinion. There is no reason to go below the current price and it will even go above because the demand will be great. This stock could trade at 3 or even 4 times the announced IPO.

[Dibah420]

OK, thanks.  I believe the source of the confusion is in terminology.  The day our NGA shares change their ticker to LEV in my opinion is NOT, repeat NOT an initial public offering for Lion.  This confusion is further compounded by using terms such as IPO Pricing which is always pre-determined and pre-announced by the under-writers.  In the case of NGA it was announced as $10

[couples4]

Je suis bien content de voir les explications de Dibah.a va srement aider les nouveaux venus comprendre comment fonctionne les inscriptions en bourse.Dans un IPO traditionnel,le prix d'ouverture lors de la premire journe de transaction reflte vraiment l'engouement des investisseurs pour un titre qu'ils ont pas t en mesure de se procurer auprs de leur courtier AVANT que la socit ne

[couples4]

Excusez pour les lettres qui manquent,je sais pas si c'est Stockhouse ou ma tablette,mais j'espre que mon explication sera quand mme comprehensible...

[Dibah420]

Merci beaucoup couples4. For those anglo/allophones who are wondering about French words that they have never seen before, a reminder.  SH has the peculiar proclivity to simply drop all French vowels with accents. e.g. "tait" is  "etait" or "e" with an accute accent.  "srement" is "surement" or "u" with a circumflex etc

[couples4]

Thanks Dibah,if I understand your explanation correctly,I just don't have to accentuate to be understandable.I thought that by putting my keyboard in the French-speaking position,I would solve the problem.Obviously I could always write in English,but it's a lot longer for me :)

[Dibah420]

I think the optimal solution for you is to write in French using an English keyboard;  i.e. no accents or other diacritical marks.