secwatch.observer — SEC 8-K summary
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Issuer:     ChargePoint Holdings, Inc. (CHPT)
CIK:        0001777393
Form:       8-K
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001777393-25-000119
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 5.02, 5.07, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777393/000177739325000119/0001777393-25-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777393/000177739325000119/chpt-20250707.htm
  HTML page:      https://secwatch.observer/filing/0001777393-25-000119

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