Lion Electric SPAC Merger with NGA (Northern Genesis Acquisition Corp)

Written by Donnie Nguyen

December 6, 2020

Have you been considering investing in Lion Electric stock and other EV SPAC stocks? Watch my video first.

Lion Electric is an electric truck and electric school bus manufacturer with Amazon (NASDAQ: AMZN) as a customer. It is in the process of merging with a SPAC (special purpose acquisition company) called Northern Genesis Acquisition Corp (NYSE: NGA). The deal is expected to close in Q1 of 2021. The current SPAC ticker symbol is NGA. It will change to LEV once the SPAC merger is completed.

In this video, I cover:

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  • What Is Lion Electric? Overview of the Company
  • The Bull Case for Lion Electric Stock
  • The Bear Case for Lion Electric Stock
  • Do I Plan to Invest in Lion Electric and Does It Make It Into My Ev Pure Play Portfolio?

DISCLAIMER: I'm not a financial advisor. These are my opinions and provided "as-is". It is not an offer to buy or sell securities. Read the Terms and Conditions.

So what do you think about Lion Electric and other EV SPAC mergers? Leave me a comment below. Thanks for watching.

Disclosure

I/we own shares of NGA, NBAC, AMZN

Except for Wolves of Investing, I/we are not receiving any compensation from and do not have any business dealings with any companies whose stocks are discussed in this article/video.

Want to learn the principles that help me to consistently beat the market? Check out my free eBook, 5 Things I Wish I Knew Before Buying My First Stock.

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Donnie Nguyen

Donnie Nguyen

Donnie Nguyen is the founder and CEO of Wolves of Investing. He started investing in the stock market in the early 2000s. He follows the teachings of Peter Lynch, Warren Buffett, and other investing legends. When he's not investing or blogging, he loves spending time with his family traveling and experiencing the world.

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