The Los Angeles-based company, which does business under the name Romeo Power, announced earlier this month that it plans to go public on the New York Stock Exchange through a merger with RMG Acquisition Corp., a blank-check acquirer. The deal sets an initial equity valuation of $1.33 billion for Romeo.
The filing shows Romeo had revenue of just $3.65 million in the first half of 2020, paired with a net loss of $13.8 million. In the same period last year, the company posted revenue of $1.86 million and a $38.5 million loss.