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Bullboard - Stock Discussion Forum Lion Electric Ord Shs LEGWQ


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

The Lion Electric Company is a manufacturer of zero-emission vehicles. The Company creates, designs and manufactures all-electric class 5 to class 8 commercial urban trucks and all-electric school buses. It is engaged in electric transportation and designs, builds and assembles many of its vehicles' components, including chassis, battery packs, truck cabins and bus bodies. Each Lion vehicle is... see more

TSX:LEV - Post Discussion

Lion Electric Ord Shs > Added to the S&P/TSX Composite Index
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Post by Betteryear2 on Dec 06, 2021 5:03pm

Added to the S&P/TSX Composite Index

MONTREALDec. 6, 2021 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, is pleased to announce that the Company will be added to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021, as a result of the S&P/TSX Composite Index quarterly review.

"This addition to the S&P/TSX Composite Index is an important milestone for Lion in its first year as a publicly traded company," commented Marc Bedard, CEO-Founder of Lion. "This inclusion has the potential to enhance our exposure to a wider range of prospective investors. It should also improve the trading liquidity of our stock," he added.

The S&P/TSX Composite Index is the flagship index for the Canadian equity market. Inclusion in the S&P/TSX Composite Index has the potential to widen a company's investor base by opening it up to index funds and similar types of investment instruments.

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