Lion Electric — Class 5-8 EV trucks + e-buses
Lion Electric completes Northern Genesis SPAC merger ($500M proceeds; $200M PIPE). Dual-listed NYSE/TSX: LEV May 7, 2021. Class 5-8 EV trucks + e-buses.
$500M
Deal Value
Battery Storage
Technology
IL
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Lion Electric Company (NYSE: LEV / TSX: LEV)
- Buyer / Financier
- Northern Genesis Acquisition + $200M PIPE
- Deal Value
- ~$500M total proceeds (incl. $200M PIPE)
- Stage
- Growth
- ISO/RTO
- PJM
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