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RONN Motor Group completes paperwork for SPAC merger

The Arizona-based Hydrogen Fuel Cell automaker has to-date delayed the completion of their S-1 because of market conditions.

RONN Motor Group, a multi-National hydrogen solution company, has completed all significant filings, including the u-1 filing, to list on the NASDAQ through a reverse triangular merger with Lee Pharmaceuticals, according to a news release.

RONN Motor Group created one of the first hydrogen-assisted supercars in 2008 and has been active in the automotive space for many years. The company will be submitting the application for a corporate name change to “RONN” along with a ticker change, but their logo will remain.

The company’s form 10 submission had begun; RONN plans to complete their S-1 in 2023, which was delayed in 2022 due to market conditions. The S-1 will be completed with updated financials when market conditions improve.

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