Northern Genesis Acquisition Corp. III
NGC-UN
New York Stock Exchange10.15
USD
- -
- -
CIK
0001843249
Return %
Stock
S&P500
1Y
2.43
18.02
3Y
2.84
64.11
5Y
2.84
72.15
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Michael M. B. Hoffman
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 4801 Main Street Kansas City MO United States of America 64112
- IPO Date
- Mar 24, 2021
- CIK
- 0001843249
- Website
- northerngenesis.com
- Similar Companies
- Business
- Northern Genesis Acquisition Corp. III (NGC-UN) is a blank check company with no significant current operations that intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, with a particular focus on opportunities demonstrating commitments to sustainability and alignment with environmental, social, and governance principles; it offers no other products or services beyond pursuing and executing such an initial business combination. The company, founded in 2021 and headquartered in Kansas City, Missouri, raised gross proceeds of $150 million through its initial public offering of 15 million units at $10.00 per unit in March 2021, with underwriters including Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, and TD Securities (USA) LLC. In March 2023, following failure to complete an initial business combination by the required deadline of March 26, 2023, Northern Genesis Acquisition Corp. III announced the redemption of all outstanding public shares effective March 27, 2023, at approximately $10.15 per share from its trust account, ceasing all operations except for winding up, cancelling public shares, and planning dissolution and liquidation subject to shareholder and board approval, with warrants expiring worthless. As of late 2025, the units continue to trade on the NYSE, reflecting ongoing market activity in the post-redemption structure. The company operates without specified subsidiaries or parent relationships and targeted businesses primarily in sustainability-related sectors across North America.