Romeo Power Technology, Leading Provider of Battery Technology to the Commercial EV Market, to List on NYSE Through Merger With RMG Acquisition Corp.

RMG Acquisition Corp. (NYSE:RMG) announced this morning that it has entered into a definitive merger agreement with lithium-ion battery-maker Romeo Power Technology that would give the combined entity a pro forma equity value of $1.33 billion. Vernon, California-based Romeo makes modular battery packs primarily for electric-powered heavy trucks. The combined company will be named Romeo.

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