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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 Skyisthelimite on Apr 25, 2021 12:23pm

# of shares after merge?

Does anyone know how many LEV shares will be in circulation after the merge? Will it stay at +/- 40 million? If so, with estimates of 700 million of ebitad, if anywere close to that, the SP would be 10 times what it is today...seems to good to be thrue.
Comment by couples4 on Apr 25, 2021 10:28pm
Yes ,too good to be thrue.It's around 200 millions shares after the merge.
Comment by Alailebl on Apr 26, 2021 7:55am
Where did you get that number 200 million, the merge is one for one, no change on share account for LEV
Comment by Frankygg on Apr 26, 2021 8:25am
The 40 millions shares of NGA are 20% of the whole new corporation once its done so 100% of the new entity will be around 200 millions of shares.
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