How much is Embark Trucks worth?

The deal valued Embark at about $5 billion. Self-driving technology is an unproven business that’s suddenly ready to test its mettle. Embark Trucks is the second major company in the industry to go public this month after Aurora Innovation Inc. completed its own SPAC merger at a valuation of $13 billion.

Will embark trucks merge with blank check firm?

June 23 (Reuters) - Embark Trucks Inc said on Wednesday it will merge with a blank-check firm, in a deal that will give the private equity firm Tiger Global Management backed self-driving truck technology developer a market capitalization of $5.2 billion.

Where can I buy embark technology stock?

Shares of EMBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Embark Technology's stock price today?

How much money will embark trucks get from northern Genesis acquisition?

The deal with Northern Genesis Acquisition Corp. II NGAB.N will get Embark Trucks about $614 million in cash proceeds, including a $200 million private investment from Mubadala Capital, CPP Investments, Sequoia Capital and Tiger Global among others. Embark said on Wednesday the proceeds were expected to fund its business through 2024.