DA Davidson initiated coverage on NextGen Acquisition with a new price target
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DA Davidson initiated coverage of NextGen Acquisition with a rating of Buy and set a new price target of $19.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/16/2021 | $19.00 | Buy | DA Davidson |
Xos Announces Completion of Merger with NextGen Acquisition Corporation Xos, Inc. ("Xos"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, today announced that it has completed its previously announced business combination with NextGen Acquisition Corporation (NASDAQ:NGAC, "NextGen"))) to take Xos public. The combined company has been renamed "Xos, Inc." and its shares will commence trading on the Nasdaq Capital Market on August 20, 2021 under the ticker symbol "XOS". NextGen's shareholders approved the business combination at a special meeting of stockholders on August 18, 2021. This press release features multimedia. View the full release here: https://ww
NextGen Acquisition Corp. ("NextGen")(NASDAQ:NGAC) today announced that its stockholders approved all proposals related to the previously announced business combination with Xos, Inc. ("Xos", or "the Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles at a special meeting of stockholders held today. A Form 8-K disclosing the full voting results is expected to be filed with the Securities and Exchange Commission. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210818005792/en/ The closing of the Business Combination is anticipated to occur on or about August 19, 2021, with trading of the combi
NextGen Acquisition Corporation (NASDAQ:NGAC) ("NextGen") a publicly-traded special purpose acquisition company, reminds its shareholders to vote in favor of the approval of NextGen's proposed business combination with Xos, Inc. ("Xos" or the "Company"), a leading manufacturer of fully electric Class 5 to Class 8 commercial vehicles, and the related proposals to be voted upon at NextGen's extraordinary general meeting on August 18, 2021. The extraordinary general meeting of NextGen's shareholders to approve, among other things, the proposed business combination will be held in a virtual format and physically at the offices of Skadden, Arps, Slate, Meagher & Flom LLP located at One Manhatta
EFFECT - Xos, Inc. (0001819493) (Filer)
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DA Davidson initiated coverage of NextGen Acquisition with a rating of Buy and set a new price target of $19.00
Colliers Securities initiated coverage of NextGen Acquisition Corp. with a rating of Buy and set a new price target of $15.00
The Benchmark Company initiated coverage of NextGen Acquisition Corp. with a rating of Buy and set a new price target of $22.00
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