--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-063161" form_type: "8-K" ticker: "EVGO" cik: "0001821159" company_name: "EVgo Inc." filed_at: "2023-05-22T23:59:59+00:00" generated_at: "2026-06-14T18:26:48.355239+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # EVgo raises ~$120.3M in public offering; elects two new directors including LS Power CEO Paul Segal ## Summary - Public offering of 29,411,765 shares at $4.25 per share; net proceeds ~$120.3M for general corporate purposes. - LS Power affiliate purchased 5,882,352 shares at the same price; no commissions on those shares. - Stockholders elected Paul Segal (CEO of LS Power) and Jonathan Seelig (Akamai co-founder) as Class II directors until 2026. - Shareholders approved charter amendment to limit personal liability of certain officers as permitted by Delaware law. - Underwriters granted 30-day option for up to 4,411,764 additional shares on same terms. ## SEC filing metadata - accession: 0001104659-23-063161 - form_type: 8-K - ticker: EVGO - cik: 0001821159 - company_name: EVgo Inc. - filed_at: 2023-05-22T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 5.03, 5.07, 7.01, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/tm2315842d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-063161 - JSON: https://secwatch.observer/filing/0001104659-23-063161.json - Plain text: https://secwatch.observer/filing/0001104659-23-063161.txt ## Key facts - Governance Changes EVgo Inc.: Amendment to Second Amended and Restated Certificate of Incorporation to limit personal liability of certain officers as permitted by Delaware law (effective 2023-05-19). - Change: charter amendment - Effective: 2023-05-19 source text: the Company’s stockholders, upon the recommendation of the Company’s board of directors, approved an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to limit the personal liability of certain of the Company’s officers, as permitted by recent changes to Delaware law (the “Charter Amendment”). The Charter Amendment became effective upon the filing of the Third Amended and Restated Certificate of Incorporation of the Company (the “Third A&R Charter”) with the Secretary of State of the State of Delaware on May 19, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm - Shareholder Votes EVgo Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-05-17 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-17 source text: Proposal No. 2 – Ratification of Appointment of Independent Registered Public Accounting Firm The appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ended December 31, 2023 was ratified. Votes For Votes Against Abstentions Broker Non-Votes 236,606,536 568,847 313,310 -- evidence_url: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm - Shareholder Votes EVgo Inc. shareholders approved Election of Directors at the 2023-05-17 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-17 source text: Proposal No. 1 – Election of Directors The Company’s stockholders elected the following nominees for director to serve as Class II directors for a term expiring in 2026 or until their successors shall have been elected and qualified: Nominee Votes For Votes Withheld Broker Non-Votes Paul Segal 204,483,702 3,734,247 29,270,744 Darpan Kapadia 204,427,974 3,789,975 29,270,744 Jonathan Seelig 207,396,346 821,603 29,270,744 evidence_url: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm - Shareholder Votes EVgo Inc. shareholders approved The Charter Amendment Proposal - amendment to Second Amended and Restated Certificate of Incorporation to limit personal liability of officers at the 2023-05-17 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-05-17 source text: Proposal No. 3 – The Charter Amendment Proposal The proposal to approve an amendment to the Company’s Second Amended and Restated Certificate of Incorporation to limit the personal liability of certain of its officers as permitted by recent amendments to the General Corporation Law of the State of Delaware was approved. Votes For Votes Against Abstentions Broker Non-Votes 201,779,833 6,139,693 298,423 29,270,744 evidence_url: https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.