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      "text": "Nikola's acquisition of Romeo Power (\"Romeo\") will bring battery pack engineering and production in-house, securing control of a critical component supply, streamlining manufacturing and reducing costs",
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      "text": "Nikola to acquire Romeo for $144mm in Equity Value, or $0.74 per share in stock. Represents a 34% premium to Romeo's July 29, 2022 closing share price. Romeo stockholders will receive 0.1186 of a share of Nikola common stock for each Romeo share, owning 4.5% of the company on a pro forma basis. Nikola to provide interim liquidity support of $35mm(1) through closing(2) to facilitate continued operations",
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