secwatch.observer — SEC 8-K summary
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Issuer:     EVgo Inc. (EVGO)
CIK:        0001821159
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001104659-23-063161
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.03, 5.07, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVgo raises ~$120.3M in public offering; elects two new directors including LS Power CEO Paul Segal
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/0001104659-23-063161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821159/000110465923063161/tm2315842d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-063161

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