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Lion Electric Ord Shs T.LEV.WT


Primary Symbol: T.LEV Alternate Symbol(s):  T.LEV.WT.A | LEV | LEV.WS | LEV.WS.A

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company designs and manufactures all-electric school buses, midi/minibuses for special needs or urban transit, as well as urban trucks. Each Lion vehicle is purpose-built for electric and designed and assembled in-house, with its own chassis, truck cabin or bus body, battery technology with modular energy capacity and Lion software integration. Its purpose-built all-electric trucks can be divided into four main platforms based on gross vehicle weight rating (GVWR), namely the Lion5, Lion6, the Lion8 and the Lion8 Tractor trucks, and its line-up of all-electric buses consists of Type A, Type C and Type D buses. Its medium and heavy-duty electric vehicles (EVs) are specifically designed to address the needs of the sub-250-mile mid-range urban market. It complements its product offering with various services, including sales support, full-service training, charging infrastructure assistance and maintenance support.


TSX:LEV - Post by User

Post by Dibah420on Dec 13, 2022 11:07am
587 Views
Post# 35168441

Worst Management Bungling I've Seen

Worst Management Bungling I've SeenThey let 15 hours lapse between the original fatuous news release with no price per unit nor a price per warrant and a vague reference to POW ..may or may not be participating in the offering.  M*rde.

Critical for investors to keep track of shares issued by this company.  Remember there is a current ATM  dilution ongoing. Here's my best reckoning:

Dec 31, 2020     110,551,314 shares
Dec 31  2021     162,245,092   +46%
Oct   3   2022     192,750,000   +18%  (rounded # from my notes)
Oct 11   2022     194,710,000   + 1%            "                 "       "

Sep 30  2022     194,711,834    latest from Sedar.

Dec 13  2022     19,685,040 proposed is a 10% dilution.




Only other thing perhaps worse today is the bungling at OSFI tinkering with reserve requirements for Canadian banks. 
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