available for free on the SECs website at www.sec.gov. Copies of the documents filed with the SEC by Nikola will be available free of charge by contacting Investor Relations, Nikola
Corporation, 4141 E Broadway Road, Phoenix, Arizona 85040. Copies of the documents filed with the SEC by Romeo will be available free of charge by contacting Investor Relations, Corporate Secretary, Romeo Power, Inc., 5560 Katella Avenue, Cypress,
California 90603.
Forward-Looking Statements
This
communication contains forward-looking statements within the meaning of federal securities laws, including statements relating to the exchange offer, the proposed merger, the anticipated benefits of the proposed merger, including potential cost
savings, synergies and performance improvements, the expected benefits of any liquidity support, the expected financial impact of the proposed transaction on Nikola, Nikolas expectations regarding its ongoing liquidity needs and ability to
satisfy those needs, and Nikolas expectations regarding the closing of the merger. These forward-looking statements generally are identified by words such as believe, project, expect, anticipate,
estimate, intend, strategy, future, opportunity, plan, may, should, will, would, and similar expressions. Forward-looking
statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ
materially from the forward-looking statements in this communication, including but not limited: risks related to the ability of Nikola to consummate the proposed transaction on a timely basis or at all; the satisfaction of the conditions precedent
to consummation of the proposed transaction, including having a sufficient number of Romeos shares being validly tendered into the exchange offer to meet the minimum condition; the ability of Romeo and Nikola to receive the required regulatory
approvals for the proposed acquisition; the occurrence of events that may give rise to a right of one or both of the parties to terminate the merger agreement; Nikolas ability to successfully integrate Romeos battery pack production into
its business; Nikolas ability to realize expected synergies, benefits, cost savings and performance improvements; the ability to realize the anticipated benefits of the proposed transaction, including the possibility that the expected benefits
from the proposed transaction will not be realized or will not be realized within the expected time period; the risk that disruption from the proposed acquisition may make it more difficult to maintain business and operational relationships; the
potential negative effects of the announcement or the consummation of the proposed transaction on the market price of Nikolas common stock or on its business or operating results; the risk of litigation or regulatory actions related to the
proposed transaction; the effect of the announcement or pendency of the transaction on Romeos business relationships, operating results, and business generally; risks relating to significant transaction costs and known or unknown liabilities;
risks associated with third party contracts containing consent or other provisions that may be triggered by the proposed transaction; the ability of Nikola to continue to obtain sufficient capital to support its business; and the ability of the
parties to retain and hire key personnel. There can be no assurance that the proposed transaction or any other matters described above will in fact be consummated in the manner described or at all.
For additional information regarding factors that may cause actual results to vary materially from those stated in forward-looking statements, see the reports
of Nikola and Romeo on Forms 10-K, 10-Q and 8-K filed with or furnished to the SEC from time to time. These forward-looking
statements are made only as of the date hereof and Nikola disclaims any obligation to update any forward-looking statement, except as required by law.
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