Market Buzz: Nikola's Romeo Power Assets Transfer, Impel Pharma's Patent Win
- July 05th, 2023
- 398 views
Romeo Power, Inc., a subsidiary of Nikola Corporation (Nasdaq: NKLA), transferred ownership of its tangible and intangible assets to SG Service Co., LLC, acting as Assignee for the Benefit of Creditors of Romeo, as per a regulatory filing with the SEC.
The Assignment included the payment of fees by Romeo to the Assignee, along with the transfer of rights, titles, and interests in the assets. Romeo was previously engaged in the manufacturing of battery modules, packs, and battery management systems for commercial vehicle applications.
In pre-market, $NKLA is trading at $1.28, down $0.09 (-6.57%).
In other news, Impel Pharmaceuticals Inc. (Nasdaq: IMPL), a pharmaceutical company focused on innovative drug delivery technologies, has been awarded patent No. US 11,690,819 B2 titled "Respiratory tract delivery of levodopa and DOPA decarboxylase inhibitor for treatment of Parkinson's disease" by the United States Patent and Trademark Office (USPTO).
$IMPL is currently trading at $1.62 in pre-market, showing a notable increase of $0.35 (+27.56%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Post Your Comments
Want To Find Some News?
Recent Posts
-
December 05th, 2025
FDA Approves Nerve Scaffold for the Treatment of Sensory Nerve Discontinuity
December 04th, 2025December 02nd, 2025Earnings Countdown: Salesforce, Snowflake, and Guidewire Take Center Stage
November 30th, 2025Wall Street Eyes CrowdStrike, Marvell Technology, and GitLab as Earnings Near
November 30th, 2025
Member Login