 Nikola Corporation NKLA and Romeo Power, have entered into a definitive agreement in which Nikola, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, in an all-stock transaction. The proposed exchange ratio implies a consideration of 0.74 per Romeo share and represents an approximately 34 premium to Romeos July 29, 2022 closing share price and values 100 of Romeos equity at approximately 144 million. 