You can sign up for additional alert options at any time. Lion's line-up of purpose-built all-electric vehicles currently consists of seven urban truck and bus models available for purchase today. 3/25/22. This presentation (the "presentation") is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments of RMG Acquisition Corp. ("RMG") or Romeo Systems, Inc. ("Romeo") or any of their respective affiliates. Nikola Completes Acquisition of Romeo Power, Nikola Download PDF . 2024E Rev. Joe Caminiti or Ashley Gruenberg These forward - looking statements involve significant risk and uncertainties that could cause the actual results to differ materi ally from the expected results. Romeo Power for an online investor presentation and live Q&A discussionregarding their proposed merger Date: Tuesday, December 15th Time: 1:00 p.m. (Eastern Time) * Management will be taking questions from the audience * Share this: LinkedIn Twitter Print Email ByKristi Marvin Search Cart Archives Here's what investors need to know about Romeo Power and its recent SPAC merger. S-8 POS. Romeo Power stock went public via an IPOed SPAC transaction sponsored by RMG Acquisition Corp. in Feb. 2019. In addition, when the merger closes in Q1 2021, it will be. Larger Packs 1 MWh packs deliver the best BEV solution for long - haul 4. In addition, this non - GAAP financial measure is subject to inherent limitations as they reflect the exercise of judgment by management about which expense and inc ome are excluded or included in determining this non - GAAP financial measure. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the unsubscribe section below. Battery Engineering Passenger EVs Commercial EVs Specialty EVs HP EVs End Products Downstream Is Our Core Competency Upstream Midstream Vehicle Expertise Raw Inputs & Cell Expertise Cell Science Design and Engineering Romeo performs extensive independent evaluation of cells and closely collaborates with industry leading cell manufacturers at early development stages of next generation cell technology Cell selection process based on energy density, quality and safety standards Modular / E - Plate Technology & Electro - Mechanical Engineering Designed for durability and crashworthiness; fulfills requirements for volume production such as manufacturability and serviceability Modules are designed to meet the highest safety standards and have undergone extensive testing and broad - based customer validation Thermal Engineering Designed for consistent temperature distribution within and among all battery cells guaranteeing lifetime maximum battery performance Battery Management System (BMS) Creates a singular platform enabling all customers to benefit from field testing of electronic and software for prototypes through scaled deployment Established safety measures system , including isolation monitoring, high voltage interlock, manual service disconnect, hardware and software protections BMI - AI 1 Maximize total fleet battery health by leveraging machine learning to help reduce total cost of ownership Learn aging factors from field behavior based on feedback from battery population health optimization Provide individual decisions that benefit net total asset and increased profitability of fleet managers, and total cost of ownership Core Focus on Battery and Module Packs Mass Production, 15 Competitive Advantage How Romeo will seek to win the largest market share 1. No Representation or Warranty No representation or warranty, express or implied, is or will be given by RMG or Romeo or any of their respective affiliates, di rectors, officers, employees or advisers or any other person as to the accuracy or completeness of the information in this presentation or any other written, oral or other communications transmitted or otherwise made available t o a ny party in the course of its evaluation of the Business Combination, and no responsibility or liability whatsoever is accepted for the accuracy or sufficiency thereof or for any errors, omissions or misstatements, negligent or ot her wise, relating thereto. Romeo Power will raise $384 million in the deal, which includes a $150 million PIPE investment from investors such as The Heritage Group and Republic . (Source: Investor Presentation) Romeo is an attractive bet for electric vehicle OEMs as it offers flexibility, production scalability, enhanced safety features, and an established recycling. RMG stockholders will also be able to obtain copies of the proxy statement/prospectus and definitive proxy statement (when av ail able) and other documents filed with the SEC by RMG through the SECs website at www.sec.gov. The communication of this presentation is restricted by law; it is not intended for di str ibution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. (T+2) (T+3) (T+4) Canoo at Deal Tesla Today Nikola Today 2021E EV OEM 2.4x 1.3x 0.9x '22E '23E '24E 22.3x 20.8x 12.4x 7.7x 2.1x 1.2x 1.0x Truck Component Median 1 Truck OEM Median 2 QuantumScape at Deal, 47 NM NM 36.2x 31.2x '23E '24E '23E '24E Valuation Benchmarking (Contd) Enterprise Value / EBITDA Enterprise Value / EBITDA Romeo Power Sources: Company materials, Capital IQ as of September 30, 2020 1 Truck OEM Companies include Volvo, Paccar, Traton and Navistar. efficient development of new product offerings WE HAVE OPTIMIZED FOR SPACE EFFICIENCY Market leading interior space relative to vehicle footprint with the industry's first true steer-by-wire platform coming to market MANUFACTURABILITY IS BUILT INTO OUR DESIGNS . 15-12G. Romeo Power is has a solution that targets three of the common obstacles to EV battery adoption. 6/15/22. Download PDF . . On December 29, 2020, Romeo Power announced the completion of its business combination with a special purpose acquisition company (SPAC) and that starting on December 30, 2020, Romeo. Romeo Power is an industry leading energy technology company focused on designing and manufacturing lithium-ion battery modules and packs for commercial electric vehicles. Class 8 Market Today 1 Diversified, High - quality Customer Base Order Book with Customers Representing ~68 % Market Share of the Class 8 Truck Market in North America, 14 BMI - AI Cell Manufacturing Refined Active Materials Raw Materials Battery Modules / Packs Romeos expertise across cell and vehicle engineering results in a superior battery solution Brain Machine Interface - Artificial Intelligence How Does Romeos Technology Enhance EV Performance? You should review Romeos audited financial statements, which will be included in the Registration Statement (as defined below). Advanced Proprietary BMS Integrated safety features 6. The transaction values the company at $1. Forward - looking statements This presentation contains forward - looking statements within the meaning of The Private Securities Litigation Reform Act of 19 95. 425: Top Shareholder Questions & Answers, S-4: Registration of 2021 Romeo Power, Inc. All Rights Reserved. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Amendment to registration of securities for employees. Investor Presentation Q1 FY23. At Romeo Power, we promise to treat your data with respect and will not share your information with any third party. 2021 Romeo Power, Inc. All Rights Reserved. RMG and Romeo believe that the use of this non - GAAP financial measure prov ides an additional tool for investors to use in evaluating ongoing operating results and trends and in comparing Romeos financial measures with other similar companies. 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. There's been plenty of reporting over the recent couple of years on the EV +. You must click the activation link in order to complete your subscription. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO AND ANY OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION AB OUT RMG, ROMEO AND THE BUSINESS COMBINATION. 9/14/22. The challenge that Romeo faces is one of supply and demand. Stockholders UPDATED, Romeo Stockholders Tender Reminder: Process & Instructions for How These projections are for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. Additional risks and uncertainties are identified and discussed in RMGs reports filed with the SEC. to Tender Shares. After submitting your request, you will receive an activation email to the requested email address. Neither RMGs nor Romeos independent auditors have studied, reviewed, compi led or performed any procedures with respect to the projections for the purpose of their inclusion in this presentation, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect ther eto for the purpose of this presentation. You are cautioned not to place undue reliance upon any forward - looking statements. BWA holds 60% JV equity ownership to Romeos 40% Cements partnership with the worlds preeminent vehicle supplier to accelerate Romeos global growth and bolsters operational execution BWA Commercial Relationship BWA provides design, engineering, manufacturing, sales and services expertise to Romeo and to the Romeo / BWA JV Provides flexibility for both entities to rapidly scale operations in highly capital efficient manner while maintaining high levels of product quality Romeo Partnership with BorgWarner Significantly De - Risks Production Execution 1 Market cap as of September 30, 2020, 22 Strategic Joint Venture with BorgWarner (Contd) Aligned key objectives and responsibilities within the JV JV Ownership Contribution of Technology, Services and Expertise JV Ownership Contribution of Services and Expertise Operational Responsibilities Design and develop new technology >> Romeo CTO is Chief Engineer Support customer acquisition efforts >> technical sales, costing, quoting Guide supplier selection / qualification >> vet potential suppliers, conduct site visits and quality audits Perform Application Engineering Services / Engineering Studies Operational assets / personnel : Chief Engineer, Technical Sales, Design Engineers; Testing Resources (Cell Characterization, Safety, Reliability, and Validation) Contributions / ongoing support of JV: R&D in JV Field of Use Romeo Power Purview within the JV Contributions / ongoing support of JV Space in existing manufacturing facilities worldwide Global supply chain and supplier quality organization Leveraging vendor base for best material costs Manufacturing engineering and automotive quality systems expertise Access to existing OEM customers for cross - selling Back office support for JV operations BorgWarner Responsibilities Operational Responsibilities Produce Romeo products on global scale Lead sales , BD, and account management for LV globally and CV markets outside North America Provide in region applications engineering support and field support Operational assets / personnel : General Manager, EU Sales Team, Global Supply Chain Management, Production Expertise JV Responsibilities Joint Venture Light Vehicles & CVs < 20k lbs CVs > 20k lbs outside N.A. Securities registration termination. According to Romeo Power, its solution will deliver a battery with a 25% energy density advantage. Investor Presentation Q2 FY23. 11/30/22. Neither RMG nor Romeo undertakes any obligation to update its forward - looking statements to reflect events or circumstances after the date hereof. The deal aims to raise $384 million for Romeo Power, including a $150-million PIPE anchored by existing investors and new investor Republic Services RSG. In the interim, Heritages current recycling customers will provide the batteries for recycling. RMG and Romeo reserve the right to withdraw or amend for any reason any offering and to reject any Subscription Agreement for any reason. Information on acquisition, funding, investors, and executives for Romeo Power. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, RMGs management. Any offer to sell securities will be made o nly pursuant to a definitive Subscription Agreement and will be made in reliance on an exemption from registration under the Securities Act of 1933, as amended, for offers and sales of securities that do not involve a public of fer ing. 3 Important Notice (Contd) Use of Projections This presentation contains financial forecasts. This presentation does not purport to contain all of the information that may be required to evaluate a possible investment decision with respect to RMG, and does not constitute investment, tax or legal adv ice . 4 AN OPPORTUNITY TO INVEST IN LEADING TECHNOLOGY POWERING THE COMMERCIAL VEHICLE ELECTRIFICATION REVOLUTION We are A Leader in Battery Technology with Industry Leading Hardware , Software and Thermal Management Attractive and Large Commercial Vehicle TAM World Class Partnerships and Strategic Players Fully Produced in North America Blue Chip Customer Base, 5 Transaction Summary Romeo and RMG combination to publicly list a dynamic, innovative battery technology company Romeo Team Proposed Transaction Overview Romeo Systems, Inc. (Romeo ) is an industry leader in the design and manufacturing of energy - dense lithium - ion ( Li - ion) battery packs and modules, focused on the electrification of commercial vehicles globally Romeo to combine with RMG Acquisition Corp. ( RMG, NYSE : RMG), a publicly listed special purpose acquisition company with ~$ 234mm cash held in trust 1 and a focus on disruptive technologies in the energy and industrial areas Robert Mancini, CEO, and Phil Kassin, President and COO, from RMG to join Romeo Board, adding their substantial business, financial, legal and public board experience to the governance and operations of the company Transaction reflects a $900mm pre - money equity valuation for Romeo, representing a highly attractive opportunity to invest in a leader in commercial vehicle electrification Romeo to receive ~$340mm cash at closing to fund its attractive growth opportunities 2 Romeo will use proceeds from the Transaction as growth capital primarily to fund expansion of production capacity; working capital to support increasing production demand; and substantial R&D activities devoted to developing the next generation of battery systems technology All - primary transactio n; existing Romeo shareholders, including management and strategic partner BorgWarner (BWA), are rolling virtually 100 % of their equity and collectively are expected to own 67% of the pro forma company at closing $1.3Bn post - money Equity Value $993mm Enterprise Value, with no material debt outstanding at closing Represents 1.3x EV / 2023E Revenue, a highly attractive entry multiple relative to peer group Robert Mancini Chief Executive Officer Lauren Webb Chief Financial Officer 1 As of July 31, 2020. You can sign up for additional alert options at any time. * Required. 312-445-2870 In fact, the main reason the company's stock is slumping is that it announced drastically lower revenue guidance for the coming year.. 2025E Rev. Additional Information In connection with the Business Combination, RMG intends to file a registration statement on Form S - 4 (the Registration Stateme nt), which will include a preliminary proxy statement to be distributed to holders of RMGs common stock in connection with RMGs solicitation of proxies for the vote by RMGs stockholders with respect to the Business Combin ati on and other matters as described in the Registration Statement, as well as the prospectus relating to the offer of the securities to be issued to Romeos stockholders in connection with the completion of the Business Combinatio n. After the Registration Statement has been filed and declared effective, RMG will mail a definitive proxy statement, when available, to its stockholders. Through its suite of advanced hardware, combined with its innovative battery management system, Romeo Power delivers the safety, performance and reliability its customers need to succeed. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 2 Important Notice This presentation (the "presentation") is for informational purposes only and does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation to purchase any equity, debt or other financial instruments of RMG Acquisition Corp. ("RMG") or Romeo Systems, Inc. ("Romeo") or any of their respective In order to compensate for these limitations, management presents a non - GAAP financial measure in connection with GAAP results. 2 Truck OEM Companies include Volvo, Paccar, Traton and Navistar . By providing your email address below, you are providing consent to Romeo Power to send you the requested Investor Email Alert updates. Romeo Power is an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications. The vote date for the merger. When RMG discusses its strategies or plans, including as they relate to the Busin ess Combination, it is making projections, forecasts and forward - looking statements. Projections are inherently uncer tai n due to a number of factors outside of RMGs or Romeos control. Wh en used in this presentation, words such as pro forma, anticipate, believe, continue, could, estimate, expect, intend, may, might, plan, possible, potential, predict, project, should, strive, w oul d and similar expressions may identify forward - looking statements, but the absence of these words does not mean that a statement is not forward - looking. We do not intend our use or display of other companies tr ademarks or trade names to imply a relationship with, or endorsement or sponsorship of us by, any other companies. Lineup, Short Haul and Refuse, Pre - series Model Testing 2H19 CF Electric, Short Haul and Refuse, Fleet Trials 2019 ET - 1, Class 8 Truck, Announced Production 2019 Semi, Class 8 Truck, Limited Production 2020 Plan to spend 1bn+ in electro mobility by 2025 International eMV, Medium Duty, Production 2021 eActros, Class 8 Truck, Serial Production 2021 E - Fuso Vision One, Class 8 Truck, Serial Production 2021 FL and FE, Medium and Heavy Duty, Production 2021 eCascadia, Class 8 Truck, Serial Production 2021 Saf - T - Liner C2 Jouley, School Bus, Production 2020 R1T Pickup and R1S SUV , Production 2020 Romeo Development, MOU, Prototype and Production Customers $310mm Currently Under Contract Up to $2.4Bn Under Advanced Negotiation $210mm 1,2 $27mm 1,2 $64mm 1,3 Contracted revenue. We obtained this information and statistics from third - party sources, including reports by market research firms and company filings. . 3 Cash in Trust value at July 31, 2020. Romeo first batteries will reach end of life between 2025 and 2027 . Most of these factors are outside RMGs and Romeos control and are difficult to predict. Romeo has ~150 employees and more than 60 battery-specific engineers and a 113,000 square foot manufacturing facility in Los Angeles, California. RMG and Romeo disclaim any duty to upd ate the information contained in this presentation. Truck Component Median 3 Truck OEM Median 4 At Deal 1 At Deal 1 At Deal 1 At IPO 2 At Deal 1 Truck OEM Median 4 $3.2 $2.1 $2.8 $1.4 $5.8 $1.2 $0.4 $0.5 $1.1 $84.8 $7.2 NA NA NA $196 $602 $286 $188 $600 $213 2024E Revenue ($Bn) / EBITDA ($mm) Consensus Estimates Truck Component Median 3 Consensus Estimates At Deal 1 At IPO 2 At Deal 1 $.1 At Deal 1 At Deal 1 At Deal 1 At Deal 1 NM $2.2, 49 Leading the Way Towards Electrification of the Global Transportation Industry Leader in Battery Technology Enabling Zero Emissions at Scale Leading the Charge in Green Energy Accessibility.
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