secwatch.observer — SEC 8-K summary
======================================

Issuer:     ChargePoint Holdings, Inc. (CHPT)
CIK:        0001777393
Form:       8-K
Filed at:   2023-10-11T23:59:59+00:00
Accession:  0001193125-23-253921
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ChargePoint raises $232M via ATM equity and amends $300M convertible notes
--------------------------------------------------------------------------

- $175M new equity commitment from institutional investors via ATM, plus $57M raised in Q3 FY2024 for total $232M.
- Convertible notes amended: maturity extended to 2028, cash coupon 7%, PIK 8.5%, conversion price lowered to $12.00 per share.
- CFO Rex Jackson says funding supports goal of adjusted EBITDA profitability in Q4 FY2024.
- Lead investor in notes participated in ATM and agreed to note modifications; Evercore served as financial advisor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777393/000119312523253921/0001193125-23-253921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777393/000119312523253921/d565889d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-253921

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer