Ticker Launch

SPAC · Merger completed

RMG Acquisition Corp.

Business combination with Romeo Systems, Inc.

RMG Acquisition Corp. is a blank-check company (SPAC). It completed its business combination with Romeo Systems, Inc. on Dec 29, 2020; the combined company is Romeo Power, Inc. (RMO).

Romeo Systems, operating as Romeo Power, was founded in 2016 in California and designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles. It has about 100 employees, more than 60 battery engineers and a 113,000 square foot manufacturing facility in Los Angeles.

Status
Merger completed
Target
Romeo Systems, Inc.
Announced
Oct 5, 2020
Closed
Dec 29, 2020
Combined company
Romeo Power, Inc. (RMO)

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