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Investment Q&A

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Q: Rephrase my question from before: NGA has been calling and asking me to vote my shares 400 for the amalgamation of the companies. Does 5i have any information as I have not received any proxy material from TD. Would I be losing more value from the amalgamation. Lion seems to be getting orders and will be manufacturing their battery packs, Take as many credits required 5i
Read Answer Asked by Guy on April 16, 2021
Q: Hi Guys!
WIth the announcement made by the Trudeau and legault administration yesterday, do you see any interest why Lion would not want to venture alone without NGA tagging along? Also as mentionned by Lion officials, they will have to purchase their cells trough another party preferably a Canadian company. Would you see another partner than Ballard to be able to achieve this?

Best regards
Ben.
Read Answer Asked by Benoit on March 17, 2021
Q: Late 2020, Quebec based Electric bus manufacturer Lion Electric went public through merging with US based SPAC Northern Genesis Acquisition Corp https://pages.thelionelectric.com/lev/

On Jan 12, 2021 NGA announced a large IPO. NGA has stated that it intends to focus on opportunities whose business model demonstrates clear commitments to sustainability and strong alignment with environmental, social, and governance principles.

It would seem that a blank check company formed for the purposes of M&A's, might view NFI as an attractive target, as it appears to be undervalued with a strong tailwinds & attractive governance coming from planned infrastructure spending across it's markets. There would also appear to be strong synergies between Lion and NFI's businesses.

While the above is highly speculative, does 5i view acquisition of NFI by NGA as making sense. Why or why not?

Thanks
Cory
Read Answer Asked by Cory on January 18, 2021
Q: Could you please provide information how this would effect the above stocks in regard to investment in LION Electric, regarding the investment possibility of Amazon a portion of the company15.8 % they could purchase and when would they have to close the deal and was it mentioned. I own some POW for dividend income and very slow growth. What is 5i
's opinion.Should I buy more POW or buy NGA or just stay neutral for now
Read Answer Asked by Guy on January 12, 2021
Q: What can you comment about the impact on NFI of Lion Electric's latest news?
From my preliminary research, it appears Lion is not public and no details are available about it's financial position/results to date, although the move to New York via NGA Corp looks to position it as a ~$1.9 billion market cap (vs ~$1.2 billion for NFI).
It appears that Lion does not actually sell anything yet? (they're taking "pre-orders"), supposedly has capacity to build ~6,500 units per year (vs ~2,500 for NFI).
Any news or thoughts about their announced plans to build electric delivery vehicles for Amazon fit with Amazon's announced "plans" to purchase 100,000 electric delivery vehicles from Rivian/Ford?
Read Answer Asked by Lotar on December 04, 2020