Kansas City, MO, Jan. 12, 2021 (GLOBE NEWSWIRE) -- Northern Genesis Acquisition Corp. II (the “Company”) announced today that it priced its upsized initial public offering of 36,000,000 units at $10.00 per unit. The units are expected be listed on the New York Stock Exchange (“NYSE”) and are expected to begin trading tomorrow, Wednesday, January 13, 2021, under the ticker symbol “NGAB.U”. Each unit consists of one share of the Company’s common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the common stock and warrants are expected to be listed on the NYSE under the symbols “NGAB” and “NGAB WS,” respectively.
The Company is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Although the Company may pursue an acquisition opportunity in any business or industry, it intends to focus on opportunities whose business model demonstrates clear commitments to sustainability and strong alignment with environmental, social and governance principles.
J.P. Morgan Securities LLC, Barclays Capital Inc. and CIBC Capital Markets are acting as the joint book running managers for the offering. The Company has granted the underwriters a 45-day option to purchase up to an additional 5,400,000 units at the initial public offering price to cover over-allotments, if any.
The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained, when available, from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (866) 803-9204 or by email at firstname.lastname@example.org; Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at (888) 603-5847 or by email at email@example.com; CIBC World Markets Corp., Attn: USE Prospectus Department, 425 Lexington Ave, 5th floor, New York, NY 10017, by telephone at (800) 282-0822 or by email at firstname.lastname@example.org.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission (“SEC”) on January 12, 2021. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The offering is expected to close January 15, 2021, subject to customary closing conditions.
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the Company’s search for an initial business combination. No assurance can be given that the offering discussed above or the Company’s initial business combination will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
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HONG KONG, Jan. 15, 2021 /PRNewswire/ -- In order to help investors from all regions obtain convenient learning channels, the world's leading online trading broker - Master Select Group will hold a series of online investment seminars from 2021. In this year, MSG will sincerely invite investment experts and famous teachers with various expertise in the financial market to provide investors with first-hand investment experience and market insights through the online meeting platform Zoom, helping investors enhance their trading skills and obtain long-term and stable investment income.
The first webinar in 2021 was successfully held on January 10th. This webinar was jointly promoted by MSG and CMoney which is one of the most popular financial media in Taiwan. In just a few days of the promotion period, MSG had received hundreds of inquiries and applications. For the first important lecture of the year, MSG successfully invited Sky, a very famous FX margin trading teacher in the industry, to bring a remarkable speech to the investors.
At the beginning of the lecture, Sky made an introduction to the audience about what is FX margin trading and why it is very suitable for the petty bourgeoisie to start their investment journey. Sky explained that during the learning phase when the petty bourgeoisie do not know much about how to make investments, it is not recommended to put too much money in the market at once. However, if the amount of funds is too small, it will be difficult to make any profit in traditional investment channels such as stocks, ETFs, and deposits.
Just because of this, the investment advantages of FX margin trading or CFD trading have emerged. FX margin trading has the features of flexible leverage and flexible trading hands, which can meet the needs of beginners and ordinary investors with small capital and risk control requirements. At the same time, the FX market also has the advantages of 24 hours operation, rich products to choose, huge market volume, openness and transparency, which is very suitable for the petty bourgeoisie to trade after work.
Sky believes that concepts, discipline, and risk control are the three key factors for maintaining a long-term and stable profit. First of all, investors need to form good investment concepts, fully understand the products they invest in, understand their risk appetite, understand the mutual influence of the market or products, read more financial-related books, and understand that in every crisis lies an opportunity, avoid fear and greed. More importantly, investors should focus on cultivating their own ability of trading and make investments by themselves rather than third-party advisers.
The two-hour webinar came to an end with great success. An audience left a message at the end of the event, said: "Thank you for bringing us this remarkable speech and valuable learning opportunity. I sincerely hope that MSG will continue to hold this kind of event! " MSG responded, "In the future, we will continue to play the key role of an international CFD broker to provide investors with more high-quality learning opportunities, so that more people can have the chance to make long-term and stable income in global financial markets."
Please click the link below to watch the video of the webinarhttps://www.youtube.com/watch?v=vRbpm0S55F8
Welcome to visit MSG official website msgforex.com.
For any questions, please contact MSG CS Center
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SOURCE Master Select Group