we are developing self-driving semi trucks. we believe that commercial trucking, the backbone of our economy, stands to reap untold benefits by deploying autonomous trucks, particularly during the long haul stretches. roads will be safer. goods will be cheaper. truckers will be called upon to use their skills in new ways while the truck itself becomes a trusted navigation partner. our team is made up of robotics specialists from some of the leading technology companies of our time - with deep expertise in artificial intelligence, machine learning, and real-world deployment of advanced technology. we’re also hiring - contact us if you have the drive to help make the future of autonomous driving a reality today.
Company profile
Ticker
EMBK
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Northern Genesis Acquisition Corp. II
SEC CIK
Corporate docs
IRS number
853343695
EMBK stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
14 Aug 23
EFFECT
Notice of effectiveness
4 Aug 23
EFFECT
Notice of effectiveness
4 Aug 23
S-8 POS
Registration of securities for employees (post-effective amendment)
2 Aug 23
POS AM
Prospectus update (post-effective amendment)
2 Aug 23
POS AM
Prospectus update (post-effective amendment)
2 Aug 23
25-NSE
Exchange delisting
2 Aug 23
8-K
Completion of Acquisition or Disposition of Assets
2 Aug 23
8-K
Submission of Matters to a Vote of Security Holders
18 Jul 23
DEFR14A
Revised proxy
10 Jul 23
Latest ownership filings
SC 13D/A
Moak Brandon
7 Aug 23
SC 13D/A
Rodrigues Alex
7 Aug 23
4
Change in insider ownership
4 Aug 23
4
Patrick W Grady
4 Aug 23
4
Change in insider ownership
4 Aug 23
4
Stephen Meyer Houghton
4 Aug 23
4
Ian Robertson
4 Aug 23
4
PENNY HERSCHER
4 Aug 23
4
Patricia Chiodo
4 Aug 23
4
Elaine L. Chao
4 Aug 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|
Revenue | ||||
Cost of revenue | ||||
Operating income | ||||
Operating margin | ||||
Net income | ||||
Net profit margin | ||||
Cash on hand | ||||
Change in cash | ||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 127.08 mm | 127.08 mm | 127.08 mm | 127.08 mm | 127.08 mm | 127.08 mm |
Cash burn (monthly) | 10.47 mm | 9.86 mm | 21.71 mm | 14.85 mm | 10.12 mm | 9.13 mm |
Cash used (since last report) | 134.35 mm | 126.45 mm | 278.50 mm | 190.47 mm | 129.76 mm | 117.09 mm |
Cash remaining | -7.27 mm | 630.29 k | -151.42 mm | -63.39 mm | -2.68 mm | 9.99 mm |
Runway (months of cash) | -0.7 | 0.1 | -7.0 | -4.3 | -0.3 | 1.1 |
Institutional ownership, Q2 2023
13F holders | Current |
---|---|
Total holders | 79 |
Opened positions | 31 |
Closed positions | 9 |
Increased positions | 15 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 29.13 bn |
Total shares | 44.45 mm |
Total puts | 576.70 k |
Total calls | 163.03 k |
Total put/call ratio | 3.5 |
Largest owners | Shares | Value |
---|---|---|
Maven Ventures Fund II | 20.68 mm | $0.00 |
Data Collective IV | 3.19 mm | $0.00 |
Data Collective IV GP | 3.19 mm | $9.11 bn |
SC Us (TTGP) | 2.66 mm | $7.60 bn |
Alberta Investment Management | 2.35 mm | $202.87 mm |
Healthcare Of Ontario Pension Plan Trust Fund | 2.20 mm | $304.44 mm |
Vestcor | 1.07 mm | $2.77 mm |
Vanguard | 1.05 mm | $3.01 bn |
LMR Partners | 1.00 mm | $16.90 mm |
BML Investment Partners | 994.36 k | $2.54 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Aug 23 | Alex Rodrigues | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 1,453,266 | 0.00 | 0 |
2 Aug 23 | Alex Rodrigues | Class B Common Stock Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 29,065,434 | 0.00 | 0 |
2 Aug 23 | Brandon Moak | RSU Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 782,514 | 0.00 | 0 |
2 Aug 23 | Brandon Moak | Class B Common Stock Class A Common Stock | Sale back to company | Dispose D | Yes | No | 0 | 15,650,321 | 0.00 | 0 |
2 Aug 23 | Elaine L. Chao | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 9,884 | 0.00 | 0 |
2 Aug 23 | Chiodo Patricia | Class A Common Stock | Sale back to company | Dispose D | No | No | 0 | 10,760 | 0.00 | 0 |
Press releases
Calling All Embark Trucks Inc. (EMBK) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses
18 Mar 24
EMBARK ALERT: Bragar Eagel & Squire, P.C. is Investigating Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
15 Mar 24
Calling All Embark Trucks Inc. (EMBK) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses
12 Mar 24
EMBARK ALERT: Bragar Eagel & Squire, P.C. is Investigating Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm
1 Feb 24
(SPAC) Special Purpose Acquisition Investigation: Embark Technology and Clever Leaves. Contact Shareholder Rights Law Firm Johnson Fistel
1 Feb 24