Lion Electric (LEV) Announces $125M At-the-market Equity Offering

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LION ELECTRIC ESTABLISHES CROSS-BORDER US$125,000,000 ATM EQUITY PROGRAM

June 17, 2022 5:05 PM EDT

MONTREAL, June 17, 2022 /PRNewswire/ - The Lion Electric Company (NYSE: LEV) (TSX: LEV) ("Lion" or the "Company"), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has established an "at-the-market" equity program (the "ATM Program") that allows the Company to issue and sell, from time to time through a syndicate of agents, newly issued common shares of the Company ("Common Shares") having an aggregate sale price of up to... More