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Re: teifhals post# 5554

Wednesday, 08/03/2022 7:24:43 PM

Wednesday, August 03, 2022 7:24:43 PM

Post# of 10956
Teifhals, per the recent press release, the exchange rate is set at 0.1186 NKLA shares per RMO shares (Source https://nikolamotor.com/press_releases/nikola-agrees-to-acquire-romeo-power-to-bring-battery-pack-engineering-and-production-in-house-189). Also, I believe that the deal has high probability of going through, since the deal is mutually beneficial to both Nikola Motors and Romeo Power, as reflected by the fact that both have experienced a similar rise in share price (percentage wise) since the deal was announced.

Relevant excerpt from the press release:

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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