secwatch.observer — SEC 8-K summary
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Issuer:     ChargePoint Holdings, Inc. (CHPT)
CIK:        0001777393
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001777393-23-000034
Event type: debt
Sentiment:  negative
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ChargePoint amends $300M convertible notes: rate up to 7% cash/8.5% PIK, maturity extended to 2028
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- Interest rate increased to 7.00% cash or 8.50% PIK semiannually, from prior 3.50%/5.00%.
- Maturity date extended to April 1, 2028 from original 2027 maturity.
- Conversion rate raised to 83.3333 shares per $1,000 principal for Amended Notes.
- Amendment effective October 24, 2023; interest rate increase retroactive to October 16, 2023.
- Consent obtained from all holders of the existing $300M aggregate principal notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777393/000177739323000034/0001777393-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777393/000177739323000034/chpt-20231024.htm
  HTML page:      https://secwatch.observer/filing/0001777393-23-000034

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