ROMEO POWER INC. SECURITIES LITIGATION

NOTICE OF PENDENCY OF CLASS ACTION: Please be advised that your rights may be affected by the above-captioned securities class action (the “Action”) 1 pending in the United States District Court for the Southern District of New York (the “Court”) if, during the period between October 5, 2020 and August 16, 2021,  inclusive (the “Settlement Class Period”), you purchased or otherwise acquired publicly traded: (i) RMG Acquisition Corp. (“RMG”) Class A common stock or  Romeo Power, Inc. (“Romeo”) common stock (collectively, “Romeo Common  Stock”); (ii) RMG warrants or Romeo warrants (collectively, “Romeo Warrants”); and/or (iii) RMG units (“RMG Units”), and were damaged thereby.

 

NOTICE OF SETTLEMENT: Please also be advised that the Court-appointed lead plaintiff Mike Castleberg (“Lead Plaintiff”), and additional plaintiffs Joshua Cante, Nathaniel Tapia, Artur Chimchirian, and Van Nguyen (together with Lead Plaintiff, “Plaintiffs”), on behalf of themselves and the Settlement Class (as defined in ¶ 29 below), have reached a proposed settlement of the Action for $14,900,000 in cash that, if approved, will resolve all claims in the Action (the “Settlement”).

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