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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
Financial Services
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NYSE:NGA.WS - Post Discussion
Northern Genesis Acquisition Corp. Redeemable Warrants each warrant exercisable for shares of common stock at an exercise price of $11.50 per share
> It was supposed to be 1 for 1
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sylvain_007
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Post by
sylvain_007
on Apr 30, 2021 11:03am
It was supposed to be 1 for 1
So i do not understand what is write in the prospectus. It was not clear for me. Someone can explain in easy words please. Shares and warrants.
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couples4
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Comment by
couples4
on Apr 30, 2021 12:02pm
C'est pas mal moins compliqu que a l'air.Le split de 4.1 pour 1 sur l'action de Lion est survenu tout juste AVANT l'annonce de la fusion du 30 Novembre.Les actions de Lion taient prives et non sur le march.Les actionnaires de la premire heure qui ont pris tous les risques au dbut,se sont entendus sur une valeur de la compagnie avant qu'elle ne soit fusionne avec Nga qui valait
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