Shares of Nikola trade on the NASDAQ under the ticker symbol NKLA. Once just a part of Microsoft Office, the sublime OneNote has become a free, standalone powerhouse for note-taking across all the major OSes. With control over the essential battery pack technologies and manufacturing process, we believe we will be able to accelerate the development of our electrification platform and better serve our customers."įounded in 2015, Nikola is a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure. Mark Russell, Nikola's Chief Executive Officer commented "Romeo has been a valued supplier to Nikola, and we are excited to further leverage their technological capabilities as the landscape for vehicle electrification grows more sophisticated. The addition of Romeo's battery and battery management system engineering capabilities are also expected to support accelerated product development and improved performance for Nikola customers. As Romeo's largest customer, Nikola expects the acquisition will allow for significant operational improvement and cost reduction in battery pack production. ![]() Headquartered in Cypress, California, Romeo is an energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial vehicle applications. A single license covers two machines, and costs 49.95. Snagit makes it easy, with built-in editing for both still images and video. ![]() The proposed exchange ratio implies a consideration of $0.74 per Romeo share and represents an approximately 34% premium to Romeo's Jclosing share price and values 100% of Romeo's equity at approximately $144 million. There are many applications for a good screen-capture app, whether you’re trying to illustrate a tech problem you have or just want to make an interesting meme. ![]() Nikola Corporation and Romeo Power, have entered into a definitive agreement in which Nikola, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, in an all-stock transaction.
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