Lion electric files preliminary base shelf prospectus

Lion currently intends to establish an "at-the-market" equity program following issuance of a receipt for the final base shelf prospectus, subject to market conditions montreal , june 15, 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 filed a preliminary short form base shelf prospectus (the "base shelf prospectus") with the securities regulatory authorities in all provinces and territories of canada and a corresponding registration statement on form f-10 (the "registration statement") with the united states securities and exchange commission (the "sec") under the u.s.-canada multijurisdictional disclosure system (mjds). the base shelf prospectus, when made final, will allow lion and certain of its security holders to qualify the distribution by way of prospectus of up to us$350,000,000 of common shares, preferred shares, debt securities, warrants, subscription receipts, units, or any combination thereof, during the 25-month period that the base shelf prospectus remains effective.
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