ChargePoint approves 1-for-20 reverse split to regain NYSE listing; CLO resigns

ChargePoint Holdings, Inc.

Stockholders approved 1-for-20 reverse stock split; effective July 28, 2025, reducing shares from ~467M to ~23.4M.
Reverse split aims to boost share price above $1 to regain NYSE compliance after Feb 2025 deficiency notice.
CLO Rebecca Chavez resigns effective July 25, 2025 to pursue another opportunity; no replacement named.
All four Class II director nominees elected; corporate opportunity waiver proposal not adopted.
Fractional shares cashed out; no change to ticker (CHPT) or percentage ownership.

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