NextGen Acquisition Corp. (NGAC) Shareholders Approve Xos Deal

NextGen Acquisition Corp. (NASDAQ:NGAC) announced in an 8-K filing today that its shareholders approved its combination with electric vehicle (EV) maker Xos in a meeting held earlier this morning. The filing disclosed that 29,886,116 shares were redeemed in connection to the vote, which equates to 79.7% of the trust. Despite the heavy redemption figures, NGAC
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