Northern Genesis Acquisition Corp. (NGA.U), announced the pricing of their $300 million SPAC IPO this evening and the shares are expected to begin trading tomorrow, Tuesday, August 18th, under the symbol NYSE: NGA.U.
Northern Genesis will be focusing on target businesses making a positive contribution to sustainability through the ownership, financing and management of societal infrastructure. The team will be led by Michael Hoffman, as President, and Paul Dalglish, as Director and Non-Executive Chairman.
Total SPAC deal count for 2020 year-to-date is now 71 with $28.1 billion in gross proceeds raised. The offering is anticipated to close on Thursday, August 20, 2020.
Raymond James & Associates, Inc. and EarlyBirdCapital, Inc. are acting as the joint book running managers for the offering. Graubard Miller and Ellenoff Grossman & Schole LLP, were Issuer’s Counsel and Underwriter’s Counsel, respectively. Marcum LLP, acted as auditor. Continental Stock Transfer & Trust Company is acting as trustee.


Terms Tracker for the Week Ending July 11, 2025 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. One more IPO priced this week bringing July’s total to 8. However, there are still three more weeks left in the month so that number...
At the SPAC of Dawn Lately de-SPACs have been announcing corporate moves of a kind frequently in trios as was the case earlier this week when WeBull (NASDAQ:BULL), AST SpaceMobile (NASDAQ:ASTS) and Quantum-Si (NASDAQ:QSI) all announced major equity raises. This week, it is a trio of de-SPACs making reverse stock splits in unison, which is...
A look at Plus’ software-first approach to autonomous trucking. After years of investment and excitement, the dawn of self-driving cars and trucks is now here. The question now is which business model among autonomous driving technology companies will win out? This week, we speak with David Liu, CEO of autonomous trucking company Plus. Plus announced...
At the SPAC of Dawn One thing that SPAC investors can typically count on while their money is invested in a SPAC’s trust is that it is going to grow one way or the other between now and their next redemption opportunity, but the devil can occasionally be in the details. In 2024, it became...
Thunderstone has filed for a $50 million SPAC to put a new first-time Asia-based team in action on a generalist hunt. The new SPAC is offering investors a right to a 1/8 share in each unit with 18 months to initially complete a business combination. It is the 8th fresh S-1 filed with underwriter D....