Northern Genesis Acquisition $NGA is merging with Lion Electric (will trade under $LEV) to take them public.

Lion Electric is a Canadian-based school bus and urban box truck manufacture.

The new school bus market is estimated to be 45,000 units a year valued at around $10 billion.

In addition to school buses, Lion Electric also manufactures medium box and urban trucks.

They have a deal to sell trucks to $AMZN

"On Jan 4, Lion announced through an SEC filing that Amazon has agreed to purchase upwards of 2,500 Lion Model 6 and Lion Model 8 urban trucks at a rate of 500 a year until 2025 and upwards of 10% of capacity between 2026 and 2030. In addition, the SEC filings indicted AMZN has an option to purchase upwards of 20% of Lion through both shares and warrants."

Source: https://seekingalpha.com/article/4398032-you-like-ev-and-tesla-spend-time-lion-electric

$IPOE is merging with SoFi to take them public!

"SoFi’s mission is to help people achieve financial independence by getting their money right, providing access to a comprehensive suite of financial services in a single app that empowers members to borrow, save, spend, invest, and protect their money."

The transaction values the Company at an equity value of $8.65 billion post-money.

SoFi has built a suite of money solutions that appeals widely to Millennials and Gen Z. A quick social search on YouTube for "SoFi Review" generates a ton of results.

A few of SoFi's products:

Their affiliate and referral programs for user acquisition are some of the best rates in the industry.

Read more about SoFi and Chamath's thesis here: https://twitter.com/chamath/status/1347226253854609414/photo/1

SoFi press release: https://www.sofi.com/press/sofi-plans-to-go-public

Canoo went public on 12/22/2020 through a merger via Hennessey Capital Acquisition Corp. IV (NASDAQ:HCAC). Now trading under $GOEV.

The car is built on a proprietary, modular skateboard platform that is designed to optimize the space of the vehicle.

Think of it like a "loft on wheels." The "loft" that goes on top of the skateboard platform is fully customizable -- from delivery trucks, food trucks, filming studios, to luxury RVs.

Canoo plans using a monthly subscription model to rent out the vehicles. Worst case, if the subscription model doesn't work out, they can just sell the cars.

Canoo's self-driving tech is powered by $NVDA.

Canoo is currently taking pre-orders for their Multi-Purpose Delivery Vehicle: https://www.canoo.com/mpdv/

I'm also excited that their marketing team has a pulse on social trends.

Planning to dollar cost average the dip! ~$12 is a great price to get in the Canoo.