Embark Releases Webcast From Embark Day Showcasing Business
Attendees got a chance to experience Embark first-hand and travel in an Embark-equipped self-driving truck on a 57-mile loop at East Bay Space in Northern California. The performance included a number of real-life road incidents and complex maneuvers, including driving on floor roads, navigating heavy visitors, passing through a tunnel, and driving seamlessly through stretches of road without lane markers. Included.
Embark previously announced its foray into a fixed enterprise mix with Northern Genesis Acquisition Corp. II (NYSE: NGAB) (“Northern Genesis 2”). The closure of Enterprise Mixture is anticipated in the second half of 2021 and is subject to the approval of shareholders of Northern Genesis Acquisition Corporation II shareholders and the satisfaction or waiver of various customary closing conditions.
Northern Genesis Acquisition Corp. II announced last week that the closing date of October 6, 2021 has been set as the date of the document for the surrender of stockholders to receive the proxy and a special meeting for consideration and approval. eligible to vote. Merger with Embark. Upon the discontinuation of Enterprise Mix, Embark may be listed on the Nasdaq under the brand new ticker image, “EMBK”.
About Embar
Embark is an autonomous car firm building the software programs powering autonomous vans focused on enhancing the safety, effectiveness and stability of the nearly $700 billion 12-month trucking market. Headquartered in San Francisco, CA, since its inception in 2016, Embark is America’s longest-running self-driving truck program. The corporate partner with some of the largest shippers and carriers in the country, collectively representing over 35,000 vans.
Embark’s mission is to understand a world where customers pay little for the things they love, drivers live near properties they love, and roads are safer for the people we love. To learn more about Embark, visit Embartrucks.com.
Northern Origin 2. About this
Northern Genesis 2 is a specialized operations acquisition firm with the purpose of merging, inventory trade, acquisition, restructuring or effecting a comparable enterprise mix with multiple companies. The administration team overseeing the Northern Genesis 2 funding platform brings together a novel entrepreneurial owner-operator mindset and a decidedly historical past of building shareholder worth into a chain worth of sustainable energy and electricity.
The crew is dedicated to serving the following good public firm that seeks the road to success; A path that can certainly acknowledge the growing sensitivity of shoppers, employees and merchants to alignment with the laws of sustainability.
forward try statements
This press launch contains “forward-looking statements” within the full meaning of the “secure harbor” provisions of the Personal Securities Litigation Reform Act of 1995. Embarks and Northern Genesis 2’s exact results may differ materially from their expectations, estimates and projections and, as a result, you should not rely on these forward-looking statements as a prediction of future opportunities. “estimate,” “estimate,” “undertake,” “finance,” “forecast,” “estimate,” “intend,” “plan,” “may,” “will,” “may,” “should” Comparable phrases for “,” “believes,” “predicts,” “likely,” “go ahead,” and comparable expressions are intended to determine such forward-looking statements.
These forward-looking statements include, without limitation, , include expectations with respect to the future efficiency of Embarx and Northern Genesis 2. These forward-looking statements also involve significant risks and uncertainties that would cause accurate results to differ materially from expected results.
Elements that may trigger variations of the U.S. include, but are not limited to: (1) the end result of any authorized action that may be established in the context of any proposed enterprise mix; (2) any proposed enterprise the lack of termination of the mix in a well-timed manner or in any way; (3) the significant regulatory approval or completeness necessary to eliminate any proposed enterprise mix delay in obtaining adverse circumstances, or deficiencies inherent in obtaining regulatory opinion; (4) the likelihood that the enterprise mix may not be met by the potential failure to achieve the Northern Genesis 2 enterprise mix deadline and the extension of the enterprise mix deadline when demanded; (5) Failure to meet the conditions for the termination of the transaction, together with the adoption of a plan of settlement and merger by the shareholders of Northern Origin 2 and Embark and the satisfaction of the minimum trust account amounts after redemption by Northern Origin 2 to the public shareholder.
