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Romeo Power, Inc.

Completed deSPAC · 1 SPAC · 1 closed · 0 announced

RMG Acquisition Corp. (ticker: RMG) was a blank-check company sponsored by RMG Holdings, led by energy-sector investors Bob Mancini and Philip Kassin. The SPAC completed its initial public offering in 2020 with a focus on the clean energy industry, ultimately pursuing a business combination with Romeo Power, Inc., a Los Angeles-based developer of lithium-ion battery packs for commercial electric vehicles. The transaction was announced in early 2021 and closed, bringing Romeo Power to the New York Stock Exchange under the ticker RMO. The deal is currently classified as closed. Sign up at SpacDesk for full transaction data, SEC filings, and analytics on RMG Acquisition Corp. and the broader SPAC market.

Announced
2021-01-05
Closed
2021-01-05
PIPE Raised
$100–250M
Industry
Clean Energy

SPAC Counterparty (1)

SymbolIssuerStatusAnnouncedCloseIPO SizePIPESponsor
RMGRMG Acquisition Corp.Closed2021-01-052021-01-05$230.0M$176.0MRiverside Management Group