EVgo Inc. (NASDAQ: EVGO) (“EVgo” or the “Company”) announced
today the pricing of the previously announced underwritten public
secondary offering by EVgo Holdings, LLC, an affiliate of LS Power
Equity Partners IV, L.P. (“LS Power”), of 23,000,000 shares of
Class A common stock, par value $0.0001 per share (the “Class A
Shares”), of the Company, at a public offering price of $5.00 per
share. LS Power has granted the underwriters a 30-day option to
purchase up to an additional 3,450,000 Class A Shares at the public
offering price, less the underwriting discounts and commissions. No
Class A Shares are being sold by the Company. LS Power will receive
all of the proceeds from this offering, and the Company will not
receive any proceeds from this offering. The offering is expected
to close on December 18, 2024, subject to the satisfaction of
standard closing conditions.
J.P. Morgan, Goldman Sachs & Co. LLC, Morgan Stanley and
Evercore ISI are acting as lead book-running managers for the
offering. UBS Investment Bank, BofA Securities, RBC Capital Markets
and TD Cowen are acting as book-running managers for the offering.
Needham & Company, Roth Capital Partners, Stifel, Capital One
Securities, Northland Capital Markets, Loop Capital Markets and
Siebert Williams Shank are acting as co-managers for the
offering.
The Company has filed a registration statement (including a base
prospectus) and a preliminary prospectus supplement relating to
these securities with the Securities and Exchange Commission (the
“SEC”). The registration statement became effective on August 25,
2022. The offering is being made only by means of a prospectus
supplement (including the accompanying base prospectus), copies of
which may be obtained, when available, from J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717, by email at prospectus-eq_fi@jpmchase.com and
postsalemanualrequests@broadridge.com, Goldman Sachs & Co. LLC,
Attention: Prospectus Department, 200 West Street, New York, New
York 10282-2198, or by telephone: (866) 471-2526 or email:
Prospectus-ny@ny.email.gs.com, Morgan Stanley & Co. LLC, Attn:
Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY
10014, and Evercore Group, L.L.C., Attention: Equity Capital
Markets, 55 East 52nd Street, 35th Floor, New York, New York 10055,
or by telephone at (888) 474-0200 or email:
ecm.prospectus@evercore.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of
these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful without registration or
qualification under the securities laws of any such state or
jurisdiction.
About EVgo
EVgo (Nasdaq: EVGO) is one of the nation’s leading public fast
charging providers. With more than 1,000 fast charging stations
across 40 states, EVgo strategically deploys localized and
accessible charging infrastructure by partnering with leading
businesses across the U.S., including retailers, grocery stores,
restaurants, shopping centers, gas stations, rideshare operators,
and autonomous vehicle companies. At its dedicated Innovation Lab,
EVgo performs extensive interoperability testing and has ongoing
technical collaborations with leading automakers and industry
partners to advance the EV charging industry and deliver a seamless
charging experience.
Forward-Looking and Cautionary Statements
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Exchange Act, as amended. In some
cases, you can identify forward-looking statements because they
contain words such as “may,” “will,” “should,” “expects,” “plans,”
“anticipates,” “going to,” “could,” “intends,” “target,”
“projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential” or “continue” or the negative of these words or other
similar terms or expressions that concern the Company’s
expectations, strategy, priorities, plans or intentions.
Forward-looking statements in this press release include, but are
not limited to, statements relating to the completion of the public
offering. These forward-looking statements are based on
management’s current expectations or beliefs and are subject to
numerous assumptions, risks and uncertainties that could cause
actual results to differ materially from those described in the
forward-looking statements, including, without limitation, risks
and uncertainties related to the satisfaction of closing conditions
related to the public offering. Additional risks and uncertainties
that could affect the Company’s financial results are included
under the captions “Risk Factors” and “Management’s Discussion and
Analysis of Financial Condition and Results of Operations” in
EVgo’s Annual Report on Form 10-K for the year ended December 31,
2023 and its Quarterly Reports on Form 10-Qs for the quarterly
periods ended March 31, 2024, June 30, 2024 and September 30, 2024
as well as its other filings with the SEC, copies of which are
available on EVgo’s website at investors.evgo.com, and on the SEC’s
website at www.sec.gov. All forward-looking statements in this
press release are based on information available to us as of the
date hereof, and EVgo does not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made,
except as required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20241217059209/en/
For Investors: investors@evgo.com
For Media: press@evgo.com
EVgo (NASDAQ:EVGO)
過去 株価チャート
から 11 2024 まで 12 2024
EVgo (NASDAQ:EVGO)
過去 株価チャート
から 12 2023 まで 12 2024