LEV

The Lion Electric Company

Delisted

LEV was delisted on the 16th of December, 2024.

Positive
Neutral
Negative
Sentiment 3-Months
Positive
Neutral 0%
Negative

Neutral
PRNewsWire
1 year ago
LION ELECTRIC REACHES DEFINITIVE AGREEMENT IN RESPECT OF THE SALE OF INNOVATION CENTER LOCATED IN MIRABEL, QUÉBEC
Net proceeds to be used towards partial repayment of the Company's senior secured non-convertible debentures issued in July 2023 MONTREAL , Dec. 5, 2024 /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, announced today that it has reached a definitive agreement with Aéroport de Montreal to sell its innovation center facility located in Mirabel, Québec, for a purchase price of C$50,000,000, subject to customary purchase price adjustments and closing conditions. All of the net proceeds from the transaction are intended to be used towards the partial repayment of the Company's senior secured non-convertible debentures issued in July 2023, holders of which currently benefit from a first ranking hypothec over the immovable/real rights related to the innovation center facility.
LION ELECTRIC REACHES DEFINITIVE AGREEMENT IN RESPECT OF THE SALE OF INNOVATION CENTER LOCATED IN MIRABEL, QUÉBEC
Positive
Proactive Investors
1 year ago
Lion Electric shares surge on debt extensions, temporary workforce reduction
Lion Electric shares surged on Monday after the Quebec-based electric school bus manufacturer announced that it has extended debt deadlines with its lenders and has temporarily laid off more than half of its workforce. The company's stock had added 135% at C$0.60 mid-morning on the update.
Lion Electric shares surge on debt extensions, temporary workforce reduction
Neutral
PRNewsWire
1 year ago
LION ELECTRIC ANNOUNCES ADDITIONAL AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS AND ADDITIONAL WORKFORCE REDUCTIONS
MONTREAL , Dec. 1, 2024 /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, announced today that it has entered into additional amendments to (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada, as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec (the "Revolving Credit Agreement"), and (ii) its loan agreement entered into with Finalta Capital and Caisse de dépôt et placement du Quebec (the "Finalta CDPQ Loan Agreement"), in order to extend the period applicable to the previously announced suspension of the financial covenants under the Revolving Credit Agreement from November 30, 2024, to December 16, 2024 and extend the maturity date under the Finalta CDPQ Loan Agreement from November 30, 2024 to December 16, 2024. In furtherance of the amendments, an additional advance will be made under the Revolving Credit Agreement and the Company will be permitted under the Finalta CDPQ Loan Agreement to use a limited portion of the receivables to be received by the Company in order to fund the Company's minimum liquidity needs until December 16, 2024.
LION ELECTRIC ANNOUNCES ADDITIONAL AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS AND ADDITIONAL WORKFORCE REDUCTIONS
Neutral
PRNewsWire
1 year ago
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Lion Electric (LEV.WS)
MONTREAL , Nov. 20, 2024 /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, announced today that the staff of NYSE Regulation of the New York Stock Exchange ("NYSE") has determined to commence proceedings to delist the Company's warrants with an expiration date of May 6, 2026 — ticker symbol LEV.WS — to purchase common shares of the Company from the NYSE. Trading in the warrants was suspended immediately.
NYSE to Commence Delisting Proceedings with Respect to the Warrants of Lion Electric (LEV.WS)
Neutral
Business Wire
1 year ago
NYSE to Commence Delisting Proceedings with Respect to Warrants of The Lion Electric Company (LEV.WS)
NEW YORK--(BUSINESS WIRE)--The New York Stock Exchange (“NYSE”, the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the warrants with an expiration date of May 6, 2026 (“Warrants”) — ticker symbol LEV.WS — to purchase common shares of The Lion Electric Company (the “Company”) from the NYSE. Trading in these Warrants will be suspended immediately. Trading in the Company's common shares — ticker symbol LEV — and another series of warr.
NYSE to Commence Delisting Proceedings with Respect to Warrants of The Lion Electric Company (LEV.WS)
Neutral
PRNewsWire
1 year ago
LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS
MONTREAL , Nov. 18, 2024 /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, announced today that it has entered into further amendments to certain of its senior credit instruments, namely (i) its senior revolving credit agreement entered into with a syndicate of lenders represented by National Bank of Canada, as administrative agent and collateral agent, and including Bank of Montreal and Federation des Caisses Desjardins du Québec (the "Revolving Credit Agreement"), and (ii) its loan agreement entered into with Finalta Capital Fund, L.P., as lender and administrative agent, and Caisse de dépôt et placement du Quebec (through one of its subsidiaries), as lender (the "Finalta CDPQ Loan Agreement").
LION ELECTRIC ANNOUNCES FURTHER AMENDMENTS TO CERTAIN SENIOR CREDIT INSTRUMENTS
Neutral
Seeking Alpha
1 year ago
The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
The Lion Electric Company (LEV) Q3 2024 Earnings Call Transcript
Negative
Zacks Investment Research
1 year ago
The Lion Electric Company (LEV) Reports Q3 Loss, Lags Revenue Estimates
The Lion Electric Company (LEV) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.10 per share a year ago.
The Lion Electric Company (LEV) Reports Q3 Loss, Lags Revenue Estimates
Neutral
PRNewsWire
1 year ago
LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS
MONTREAL , Nov. 6, 2024 /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 its financial and operating results for the third quarter of fiscal year 2024, which ended on September 30, 2024. Lion reports its results in US dollars and in accordance with International Financial Reporting Standards ("IFRS").
LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS
Neutral
PRNewsWire
1 year ago
LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS RELEASE DATE
MONTREAL , Nov. 1, 2024 /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 will release its third quarter 2024 results on November 6, 2024, after markets close. A conference call and webcast will be held on the same day, at 5:30 p.m.
LION ELECTRIC ANNOUNCES THIRD QUARTER 2024 RESULTS RELEASE DATE