Northern Genesis Acquisition Corp. II (NGABU) Stock Price, News & Analysis

Company Overview

Northern Genesis Acquisition Corp. II was a special purpose acquisition company, or blank-check company, formed to identify and complete a business combination with an operating business. Unlike a traditional operating company, it did not develop or sell products or services of its own before completing a transaction.

The company focused on potential targets involved in sustainability, transportation, energy transition and other environmentally oriented industries. Its principal activity was raising capital through a public offering and pursuing a merger, acquisition, share exchange, or similar transaction with a private company.

Northern Genesis Acquisition Corp. II completed a business combination with Embark Technology, Inc., an autonomous trucking technology company, in 2021. Following the transaction, Embark became a publicly traded operating company, and Northern Genesis Acquisition Corp. II ceased operating as an independent acquisition vehicle. Embark’s technology was designed for the North American freight transportation market, with a focus on autonomous systems for long-haul trucking.

Key Stats

• Today's Range: N/A
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• Volume: 4,821 shs
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Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
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• Current Symbol: OTCMKTS:NGABU
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• Web: embarktrucks.com
• Phone: (415) 671-9628
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• Employees: 230
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Profitability

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Miscellaneous

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• Optionable: Not Optionable
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