Kahn Swick & Foti, LLC Investigating Price and Process Adequacy in Proposed Sale of Romeo Power, Inc. – RMO – CEO Today
NEW ORLEANS–(BUSINESS WIRE)–Former Louisiana Attorney General Charles C. Foti, Jr., Esq. and the law firm 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, Romeo shareholders will only receive 0.1186 Nikola shares for each Romeo share they hold. KSF seeks to determine whether this counterparty and the process that led to it are adequate, or whether the counterparty undervalues the Company.
If you believe this transaction undervalues the Company and/or wish to discuss your legal rights regarding the proposed sale, you may, at no obligation or cost to you, email or call KSF’s Managing Partner , Lewis S. Kahn (lewis [email protected]) toll-free anytime at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-rmo/ to learn more.
Please note that the merger is structured as a tender offer, so time may be of the essence.
To learn more about KSF, whose partners include the former Louisiana attorney general, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Lewis S. Kahn, Managing Partner