ROMEO POWER INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Romeo Power, Inc. - RMO

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Aug 02, 2022

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Romeo Power, Inc. (NYSE: RMO) to Nikola Corporation (NasdaqGS: NKLA). Under the terms of the proposed transaction, shareholders of Romeo will receive only 0.1186 of a share of Nikola for each share of Romeo that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.