HIGHLIGHTS 5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehiclesThis appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E

- Yun Han named Chief Accounting Officer and Interim Chief Financial Officer - - Initial Funding Expected This Week Under $60 Million Financing Agreement - Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Yun Han as Chief Accounting Officer and Interim Chief Financial Officer, effective October 25, 2022. Ms. Han replaces Becky Roof, who served as interim Chief Financial Officer until October 12, 2022, and is assisting the Company to ensure an orderly transition. This press release features multimedia. View the full release here: htt

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of Leon Kaunitz as senior vice president of product engineering. Kaunitz will play a critical leadership role in the Company's efforts to deliver advanced electrification products with full integration on commercial vehicles and other complex applications. His primary areas of responsibility will include management of mechanical design, thermal and stress validation, engineering processes across all product development efforts including research and development of thermal systems

Appointment of Chief Operating Officer and Chief People Officer solidifies Romeo's new leadership team Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it has named Anne Devine as Chief Operating Officer and Rose Rogers as Chief People Officer. In their new executive roles Mses. Devine and Rogers will report directly to Chief Executive Officer Susan Brennan. As Chief Operating Officer ("COO"), Ms. Devine will be responsible for managing Romeo's operating and production capabilities, driving operational excellence across the company, impr

 Longtime Manufacturing and Technology Executive in the Automotive and Energy Solutions Industries to Lead Next Chapter of Romeo's Growth Romeo Power (NYSE:RMO) ("Romeo Power" or the "Company") today announced that its Board of Directors (the "Board") appointed Susan Brennan as President and Chief Executive Officer, effective as of August 16, 2021. Ms. Brennan brings to the role more than 30 years of experience as a global leader in the automotive and energy industries. She most recently held the role of Chief Operations Officer at Bloom Energy Corporation ("Bloom Energy"), a pioneering energy solutions business focused on decarbonization through innovation and environmental stewardship.

Romeo Power, Inc. ("Romeo Power") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of Matthew Sant to the role of General Counsel. Mr. Sant is a seasoned in-house legal executive and lawyer who brings to Romeo Power extensive experience at the intersections of technology, business and legal issues. Prior to joining Romeo Power, Mr. Sant served as Vice President and Deputy General Counsel at Skyworks Solutions, Inc. (NASDAQ:SWKS), a manufacturer of analog semiconductors for wireless communications. At Skyworks, Matt was responsible for a broad portfolio of legal matters, includi

Romeo Power, Inc. ("Romeo Power") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced the appointment of seasoned executive leader Kerry A. Shiba to the role of Chief Financial Officer, effective July 6, 2021. Mr. Shiba brings more than 30 years of financial expertise to the Romeo Power team including extensive public company management experience. In connection with this appointment, current CFO Lauren Webb will transition to a new role as Chief Strategy and Commercial Officer where she will develop, implement, and manage Romeo Power's corporate strategy and business development efforts. "We are

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BTIG downgraded Romeo Power from Buy to Neutral

Cowen downgraded Romeo Power from Outperform to Market Perform and set a new price target of $4.00

Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $4.00 from $7.00 previously

Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $7.00 from $12.00 previously

Morgan Stanley reiterated coverage of Romeo Power with a rating of Underweight and set a new price target of $7.00 from $12.00 previously

Williams Financial downgraded Romeo Power from Buy to Hold and set a new price target of $6.70

Cowen initiated coverage of Romeo Power with a rating of Outperform and set a new price target of $18.00

Cowen initiated coverage of Romeo Power with a rating of Outperform and set a new price target of $18.00

Cowen initiated coverage of Romeo Power with a rating of Outperform

Morgan Stanley initiated coverage of Romeo Power with a rating of Underweight and set a new price target of $12.00

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HIGHLIGHTS 5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehiclesThis appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that Kerry A. Shiba will join the company as senior vice president & CFO effective February 3, 2023. Shiba will report to Joe Bergera, Iteris president and CEO, and will oversee the company's finance, information systems, legal, supply chain, and manufacturing functions. "As Iteris continues to demonstrate increasing market adoption of its industry-leading smart mobility infrastructure products and services, Kerry brings valuable know-how to accelerate the execution of our growth strategy," said Mr. Bergera. "During his impressive career, Kerry has created signi

- Yun Han named Chief Accounting Officer and Interim Chief Financial Officer - - Initial Funding Expected This Week Under $60 Million Financing Agreement - Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Yun Han as Chief Accounting Officer and Interim Chief Financial Officer, effective October 25, 2022. Ms. Han replaces Becky Roof, who served as interim Chief Financial Officer until October 12, 2022, and is assisting the Company to ensure an orderly transition. This press release features multimedia. View the full release here: htt

PHOENIX, Oct. 13, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced the successful completion of its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE:RMO). The Offer expired at midnight, Eastern Time, at the end of October 12, 2022, and was not extended. As of the expiration of the Offer, a total of approximately 93.16 million shares of Romeo common stock had been validly tendered and received, and not validl

Deadline for Romeo stockholders to tender shares is less than 48 hours away: Midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extendedRomeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender as soon as possible to allow sufficient time to meet broker processing deadlinesRomeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchangedPHOENIX, Oct. 11

Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] Romeo stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tender Deadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extended. Due to processing requirements at many brokers, you are urged to act now to tender your shares If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged Romeo Power,

Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] stockholders who own shares of Romeo common stock through a broker or nominee should contact such broker or nominee to tenderDeadline for Romeo stockholders to tender shares is midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022, unless extendedIf less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchangedPHOENIX, Oct. 3, 2022  /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transport

Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] Stockholders who hold Romeo stock through a broker or nominee should contact such broker or nominee to tender Romeo stockholders must tender their shares by midnight, Eastern Time, at the end of the day Wednesday, October 12, 2022 If less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by Nikola and no shares will be exchanged Romeo Power, Inc. ("Romeo") (NYSE:RMO), an energy storage technology company focused on designing and manufacturing lithium ion battery products and pac

Deadline for Stockholders to Tender Shares Extended to Midnight, Eastern Time, at the end of October 12, 2022 PHOENIX, Sept. 27, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced that Nikola has extended its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE:RMO) ("Romeo") until midnight, Eastern Time, at the end of October 12, 2022. Nikola and Romeo jointly announced that the companies entered into a definitiv

Romeo stockholders should contact Alliance Advisors for assistance by calling toll-free at (855) 643-7453 or by emailing [email protected] stockholders must tender their shares by midnight, Eastern Time, at the end of the day Monday, September 26, 2022, unless the deadline is extendedIf less than a majority of the outstanding shares of Romeo's common stock are tendered, the Offer cannot be completed by NikolaThe Offer represents an approximately 34% premium based on Nikola's and Romeo's closing share price on July 29, 2022PHOENIX, Sept. 23, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), a provider of zero-emissions transportation and energy infrastructure solutions, toda

Acquisition will secure control of critical battery pack engineering and production processTransaction expected to yield annual cost savings of up to $350 million by 2026Romeo's Cypress, California facility will become Nikola's Battery Center of ExcellenceNikola to host analyst and investor webcast on August 1 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time)PHOENIX, Aug. 1, 2022 /PRNewswire/ -- Nikola Corporation (NASDAQ:NKLA), and Romeo Power, Inc. (NYSE:RMO), today announced they have entered into a definitive agreement in which Nikola, a global leader in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advance

Accelerates revenue growth and commercialization as average daily production rates increase Reiterates full-year 2022 revenue guidance supported by growing diversity of customer relationships across previously untapped markets Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the fiscal first quarter ended March 31, 2022. Quarterly Financial Highlights Delivered total revenues of $11.6 million, in-line with the Company's annual expectations Supported by product revenues of $11.4 million, an increase of $10.8 mill

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it plans to report results for its fiscal first quarter ended March 31, 2022 on May 9, 2022. A conference call to discuss the financial and operational results is scheduled for May 9, 2022 at 2:00 PM U.S. Pacific Time (5:00 p.m. U.S. Eastern Time). Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available on the Company's website at www.investors.romeopower.com. Interested parties may also participa

New leadership team prepares to accelerate revenue growth in 2022 by leveraging industry leading technology, new state-of-the-art manufacturing facility, and the growing proliferation of electrification across the commercial vehicle spectrum Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the fourth quarter and full year ended December 31, 2021. Full Year 2021 Highlights Delivered total revenues of $16.8 million, in-line with prior outlook Supported by product revenues of $12.4 million, an increase of 326% over

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it plans to report results for its fiscal fourth quarter and full-year ended December 31, 2021 on March 1, 2022. A conference call to discuss the financial and operational results is scheduled for March 1, 2022 at 2:00 PM U.S. Pacific Time (5:00 p.m. U.S. Eastern Time). Investors, analysts, and members of the media interested in listening to the live presentation are encouraged to join a webcast of the call, available on the Company's website at www.investors.romeopower.com. Interested part

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the third quarter ending September 30, 2021. Recent Business Highlights Achieved year end commitment to have approximately 1 gigawatt hour of installed capacity at Romeo Power's Vernon facility. Secured a new facility in Cypress, CA enabling expansion of production and test lab capacity, positioning the Company to meet expected increase in market demand and continued technology development. Announced a collaboration to integrate Dynexus Technology's state-of-the-a

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it will release its third quarter 2021 financial results after market close on Monday, November 15th. This release will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The call can be accessed via a live webcast accessible on the Events Calendar page of Romeo Power's Investor Relations website at https://investors.romeopower.com/. An archive of the webcast will be available shortly after the call for twelve months following the call. About Romeo Power

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the second quarter ending June 30, 2021. Recent Business Highlights Entered into a long-term supply agreement for lithium-ion battery cells with a Tier 1 battery cell and materials manufacturer. Progressed negotiations to validate supply and secure long-term cell supply commitments with additional potential partners, including for future US sourcing. Surpassed 750,000 miles of Romeo Power modules and battery packs being tested on the road. Advanced evaluation of

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced that it will release its second quarter 2021 financial results after market close on Monday, August 16th. This release will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The call can be accessed via a live webcast accessible on the Events Calendar page of Romeo Power's Investor Relations website at https://investors.romeopower.com/. An archive of the webcast will be available shortly after the call for twelve months following the call. About Romeo Power F

Romeo Power, Inc. ("Romeo Power" or the "Company") (NYSE:RMO), an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, today announced its financial results for the first quarter ended March 31, 2021. First Quarter Financial Update Generated revenues of $1.1 million for the first quarter of 2021 Cash, cash equivalents and investments decreased by $4.9 million from December 31, 2020 Cash, cash equivalents and investments as of March 31, 2021 of $287.5 million Recent Business Highlights Winning the trust of key OEMs: Romeo Power has secured a long-term supply agreement whereby PACCAR will purchase the company's battery

Several electric vehicle (EV) startups are facing an uncertain future, with at least 18 predicted to deplete their cash reserves by the end of 2024, according to a recent Wall Street Journal analysis. What Happened: The study indicates that many EV and battery startups that went public recently have experienced a significant drop in their cash flow. This includes high-profile companies like Nikola Corp. (NASDAQ:NKLA) and Fisker Inc. (NYSE:FSR), which previously garnered substantial investor attention with their ambitious industry-transforming plans. However, these startups have been hit hard by rising costs and production problems. Three firms — Lordstown Motors, Proterra, and Electric

5E Advanced Materials appoints, an experienced global executive, Ms. Susan Seilheimer Brennan as Chief Executive Officer (CEO) Prior to her appointment at 5E Advanced Materials, Ms. Brennan was President and CEO of NYSE-listed Romeo Power (NYSE:RMO), a leader in advanced electrification solutions for commercial vehicles This appointment is an integral part of the 5E Advanced Materials business strategy to become a globally significant producer of boron and lithium   HOUSTON, March 21, 2023 (GLOBE NEWSWIRE) -- 5E Advanced Materials, Inc. (NASDAQ:FEAM) (ASX: 5EA) ("5E" or the "Company"), a boron and lithium company with U.S. government Critical Infrastructure designation for its 5E Boro

Iteris, Inc. (NASDAQ:ITI), the world's trusted technology ecosystem for smart mobility infrastructure management, today announced that Kerry A. Shiba will join the company as senior vice president & CFO effective February 3, 2023. Shiba will report to Joe Bergera, Iteris president and CEO, and will oversee the company's finance, information systems, legal, supply chain, and manufacturing functions. "As Iteris continues to demonstrate increasing market adoption of its industry-leading smart mobility infrastructure products and services, Kerry brings valuable know-how to accelerate the execution of our growth strategy," said Mr. Bergera. "During his impressive career, Kerry has created signif

- Yun Han named Chief Accounting Officer and Interim Chief Financial Officer - - Initial Funding Expected This Week Under $60 Million Financing Agreement - Faraday Future Intelligent Electric Inc. ("Faraday Future" or the "Company") (NASDAQ:FFIE), a California-based global shared intelligent electric mobility ecosystem company, today announced the appointment of Yun Han as Chief Accounting Officer and Interim Chief Financial Officer, effective October 25, 2022. Ms. Han replaces Becky Roof, who served as interim Chief Financial Officer until October 12, 2022, and is assisting the Company to ensure an orderly transition. This press release features multimedia. View the full release here: ht

Nikola Corp (NASDAQ:NKLA) founder Trevor Milton was convicted of fraud over allegations that he lied to its investors about the company's technical achievements. What Happened: A federal jury convicted Milton of one count of securities fraud and two counts of wire fraud. He may now face a maximum prison sentence of 20 years. Sentencing for Milton was set for Jan. 27. During the trial, the jury depicted Milton as a "con man" who sought to deceive investors about the electric- and hydrogen-powered truck maker's technology starting in November 2019. Milton was indicted on fraud charges in July 2021 and resigned as CEO amid allegations. According to the court filings, Milton was using socia

Gainers Connexa Sports Technologies Inc. (NASDAQ:CNXA) shares rose 80.1% to $0.4161 in pre-market trading after declining around 7% on Thursday. CONNEXA, last month, announced a $5.0 million private placement. Zovio Inc (NASDAQ:ZVO) rose 16.8% to $0.1690 in pre-market trading. Eargo, Inc. (NASDAQ:EAR) rose 16.5% to $0.8269 in pre-market trading. Eargo announced that the record date for its proposed rights offering is October 24, 2022. FedNat Holding Company (NASDAQ:FNHC) rose 16.3% to $0.4089 in pre-market trading after jumping over 56% on Thursday. IMARA Inc. (NASDAQ:IMRA) rose 13.2% to $2.92 in pre-market trading. Enliven Therapeutics and Imara announced a merger agreement. Avenue

Nikola Corporation (NASDAQ:NKLA) ("Nikola"), a provider of zero-emissions transportation and energy infrastructure solutions, today announced the successful completion of its exchange offer (the "Offer") to purchase all outstanding shares of common stock of Romeo Power, Inc. (NYSE:RMO). The Offer expired at midnight, Eastern Time, at the end of October 12, 2022, and was not extended. As of the expiration of the Offer, a total of approximately 93.16 million shares of Romeo common stock had been validly tendered and received, and not validly withdrawn, pursuant to the Offer, representing approximately 50.1% of outstanding shares of Romeo common stock immediately after consummation of the Of

  On Tuesday, 838 companies hit new 52-week lows. Noteworthy Highlights From Today's 52-Week Highs And Lows: The largest company by market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was Mobilicom (NASDAQ:MOB). Happiness Development Gro (NASDAQ:HAPP) saw the most pronounced move, as shares traded down 1658.84% to hit its new 52-week low. SS&C Technologies Hldgs (NASDAQ:SSNC) was the biggest winner of the bunch, with shares actually trading up 0.0% after it rebounded from its new 52-week low. On Tuesday, the following stocks hit new 52-week lows: Microsoft (NASDAQ:MSFT) stock broke to a new 52-week low of $

Gainers Laser Photonics (NASDAQ:LASE) shares rose 31.0% to $2.45 during Tuesday's pre-market session. The company's market cap stands at $19.3 million. Wilhelmina International (NASDAQ:WHLM) shares moved upwards by 23.37% to $4.75. The market value of their outstanding shares is at $24.4 million. Joby Aviation (NYSE:JOBY) shares rose 15.02% to $4.43. The company's market cap stands at $2.6 billion. ShiftPixy (NASDAQ:PIXY) stock moved upwards by 11.94% to $13.59. The market value of their outstanding shares is at $123.8 million. Berkshire Grey (NASDAQ:BGRY) stock rose 9.8% to $1.68. The market value of their outstanding shares is at $395.8 million. Agrify (NASDAQ:AGFY) shares moved up

  During Monday's trading, 528 companies set new 52-week lows. Facts of Interest About Today's 52-Week Lows: Microsoft (NASDAQ:MSFT) was the biggest company on a market cap basis to set a new 52-week low. Mobilicom (NASDAQ:MOB) is the smallest company on a market cap basis to set a new 52-week low. iBio (AMEX:IBIO)'s stock fell the most, as it traded down 2255.49% to reach a new 52-week low. Sandstorm Gold (NYSE:SAND) saw the biggest bounce back on, as shares traded up 0.0% to rebound after it hit its new 52-week low. The following stocks achieved new 52-week lows on Monday: Microsoft (NASDAQ:MSFT) shares fell to $228.36 on Monday, setting a new 52-week low with a shift of down