https://wccftech.com/lion-electric-going-public-next-week-as-shareholders-of-the-spac-northern-genesis-acquisition-corp-nga-approve-the-merger-agreement/

Lion Electric, a Canadian company that specializes in electric powertrains and commercial EVs, is now all set to go public as shareholders of the SPAC Northern Genesis Acquisition Corp. (NYSE:NGA) have approved the business combination agreement, paving the way for the shares of the combined company to start trading on the stock exchange.

As per the Form DEFA14A filed by Northern Genesis Acquisition Corp. with the SEC on the 24th of March, a special virtual meeting of the SPAC’s shareholders was scheduled for the 23rd of April 2021 in order to approve the business combination agreement with Lion Electric. Accordingly, the pertinent meeting was convened a short while back, during which the SPAC’s shareholders approved the merger with Lion Electric with over 23 million votes in favor, thereby removing the last remaining hurdle to a public flotation of the combined company.