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$RMO price at all time lows. Not much people know about this stock. Good time to buy if you haven’t already.
Romeo Power and its recent SPAC merger.
The merger has it taking over RMG Acquisition while also changing RMG stock to RMO stock.
It also valued the company at $900 million, which includes it raising an additional $394 million in funding.
Romeo Power is a manufacturing company focused on the creation of lithium-ion battery modules and packs.
These battery packs are used in commercial electric vehicles (EVs).
The company currently has $545 million in contracted revenues from its customers.
It makes the battery packs at its 113,000 square-foot manufacturing facility in Los Angeles, Calif.
Choosing now to go public also makes sense.
That’s connected to incoming Preside Joe Biden, whose focuses include green energy
RMO let’s go!!! ?????
See yah at the moon ? ?
$RMG
Running into the 30’s tomorrow
$RMO
Year end meaning 2021
Added some more