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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

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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 > # of shares after merge?

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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.

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Comment by couples4 on Apr 25, 2021 10:28pm

Yes ,too good to be thrue.It's around 200 millions shares after the merge.

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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

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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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Northern Genesis Acquisition Corp. Redeemable Warrants each warrant exercisable for shares of common stock at an exercise price of $11.50 per share

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