Northern Genesis Acquisition Corp.

closedU=S+W/2W=S@11.50
NGASEC EDGARCIK: 0001815495|Northern Genesis Sponsor LLC

Capital Structure & Economics

Trust Size$300,000,000
Unit Price$10.00
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$300,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 27, 2020
Target AnnouncedNov 30, 2020
Maturation Wall
Jan 1, 2021

Announced Target / M&A

  • Target CompanyLion
  • Announcement Date2020-11-30

Board & Officers

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction