Nikola Reminds Romeo Power Stockholders To Tender Shares In Exchange Offer Before October 12 Deadline

Author: Benzinga Newsdesk | October 03, 2022 08:24am

• Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing nkla@allianceadvisors.com
• Romeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender
• Deadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended
• If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged

PHOENIX, Oct. 3, 2022  /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today reminds Romeo Power, Inc. (NYSE:RMO) ("Romeo") stockholders to tender their shares into its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo.

The deadline for Romeo stockholders to tender their shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended further. If less than a majority of the outstanding shares of Romeo common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged.

INSTRUCTIONS FOR HOW ROMEO STOCKHOLDERS CAN TENDER THEIR SHARES

• Romeo stockholders should contact Alliance Advisors with any questions or to request documents and assistance at (855) 643-7453 (Romeo stockholders call toll-free) or (973) 873-7700 (bankers and brokers call collect), or email at nkla@allianceadvisors.com. 

• Romeo stockholders who hold shares of Romeo common stock through a broker, dealer, commercial bank, trust company or other nominee should instruct such broker or other nominee to tender their shares. The process for tendering shares differs depending on where they are held, so Romeo stockholders should contact their broker or nominee by phone or email. Please do so promptly to allow sufficient time to meet any broker processing deadlines before the Offer expiration on October 12, 2022.

Romeo stockholders who were unable to previously tender their shares due to process deadlines from their broker may tender their shares during the extension period. Romeo stockholders should act as soon as possible to ensure they can tender their shares before the deadline. 

Romeo stockholders who have previously tendered their shares do not need to re-tender their shares or take any other action as a result of the extension of the Offer.

Posted In: NKLA RMO