Market Buzz: Nikola's Romeo Power Assets Transfer, Impel Pharma's Patent Win
- July 05th, 2023
- 402 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
-
Treasury Targets Family Members and Associates of Maduro Regime
December 20th, 2025Herbal Works Inc. Supports President Trump's Order Easing Restriction on Cannabis
December 18th, 2025Herbal Works Inc. Plans on Expansion of Product Line in 2026
December 18th, 2025December 17th, 2025Crown Equity Holdings Inc. Announces Changes to Board of Directors
December 16th, 2025
Member Login