Shareholder alert: weiss law investigates romeo power, inc.

New york , aug. 1, 2022 /prnewswire/ -- weiss law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of romeo power, inc. ("romeo" or the "company") (nyse: rmo), in connection with the proposed acquisition of the company by nikola corporation ("nikola") (nasdaq: nkla) via tender offer.  under the terms of the merger agreement, the company's shareholders will receive 0.1186 shares of nikola common stock for each romeo share owned, representing implied per-share merger consideration of approximately $0.74 based upon nikola's july 29, 2022 closing price of $6.22.
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