Upon closing of the transaction, a wholly-owned subsidiary of Lion will merge with and into Northern Genesis, and Lion is expected to be listed on the New York Stock Exchange under the new ticker symbol “LEV”. (When Lion Electric merges with NGA stock, the symbol will change to LEV instead of NGA.) Upon closing of the proposed business combination, a wholly-owned subsidiary of Lion Electric will merge with and into Northern Genesis, and Lion is expected to be listed on the New York Stock Exchange (NYSE) under the new ticker symbol "LEV". Key details of the Northern Genesis/ Lion Electric merger . The deal will have Lion Electric trading on the New York Stock Exchange under the “LEV” ticker. At a post-money equity valuation for Lion (LEV) of US$1.9 billion, the Corporation's investment in Lion will have a fair value of $812 million. LEV | Complete Leeport (Holdings) Ltd. stock news by MarketWatch. The transaction includes a $200 million private placement of shares from PIPE investors. The Lion Electric Company (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, is combining with Northern Genesis Acquisition Corp. (“Northern Genesis”) (NYSE: NGA) and the combined entity is expected to be listed on the New York Stock Exchange (NYSE) under the new ticker symbol “LEV”. Is there any way to buy the future LEV stock (Lion Electric) with a tsx stock or etf? Following the closing of the business combination transaction, the common shares of Lion will trade on the New York Stock Exchange (the "NYSE") and the Toronto Stock Exchange (the "TSX") under the new symbol "LEV", and the warrants of Lion will trade on the NYSE under the new symbol "LEV WS" and on the TSX under the new symbol "LEV.WT." I know they will be under the NYSE and don't want to buy USD with Wealthsimple because of the fees. The merger itself is expected to net Lion Electric $500 million in Cash to inject into their expansion strategy. The merger will see both companies combine under one trading name, NYSE:LEV. Source: Shutterstock For example, as of Jan. 27, NGA stock was at … Does that … So what By way of … Following the closing of the business combination transaction, the common shares of Lion will trade on the New York Stock Exchange (the "NYSE") and the Toronto Stock … The Lion Electric Company announced it intends to combine with Northern Genesis Acquisition. View real-time stock prices and stock quotes for a full financial overview. It also places the pro forma implied market capitalization of the new company at $1.9 billion. This will result in an increase in Power Corporation's net asset value of $737 million, representing $1.09 per share or 2.7% [1] . Also I've read on the CN website that Lion Electric come from CN? As of 1:30 p.m. EST, Northern Genesis's stock was up 16.8% from Tuesday's closing price, and up about 34% since the end of last week.