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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 Sangneuf019 on Apr 30, 2021 4:22pm

NYSE or TSX

Can someone please explain what will happen once the new LEV stock is listed on those exchange platforms? Will my NGA stocks be automatically switched to NYSE? since it's in US dollars... I presume that the TSX listing will be higher then the NYSE since the Canadian/US rate is approximately 1.23 to 1.24. Since I would prefer to be on the TSX, how could I switch? Your thoughts on this would be appreciated. Thanks
Comment by Dibah420 on Apr 30, 2021 4:50pm
*************************************************************************************************************** Your NGA stock is ALREADY listed on NYSE, thus no need to "switch".  It's ticker symbol will change to LEV and you will hold exactly the same number of shares. Once the TSX listing is approved I am sure you will get notification re: transfer of your shares to Toronto ...more  
Comment by Sangneuf019 on Apr 30, 2021 5:25pm
Thank you for the infos. Technically speaking, for the TSX switch option, how will they notify the stock owners? Mail?...
Comment by Dibah420 on Apr 30, 2021 5:42pm
If you see it trading on TSX but have not received any notification the best option is to call your broker; or the trust company named by LEV/NGA