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

Issuer:     ChargePoint Holdings, Inc. (CHPT)
CIK:        0001777393
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001777393-25-000173
Event type: debt
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud

ChargePoint exchanges $328.6M of 2028 convertible notes for $186.5M credit facility, cash and warrants
--------------------------------------------------------------------------------

- Exchanged $328.6M in principal of 7.00%/8.50% Convertible Senior PIK Toggle Notes due 2028 for $186.5M term loan, $25M cash, and warrants for 1.67M shares at $25.00 per share.
- Entered into $186.5M senior secured term loan credit facility maturing January 31, 2030, with 12% interest and $30M short-term prepayment requirement.
- Issued warrants exercisable immediately, expiring in 5 years, with cash or cashless exercise and beneficial ownership cap of 9.99%.
- Executed registration rights agreement to register resale of warrant shares and any interest shares with SEC within 30 days.
- Terminated prior $150M revolving credit agreement with JPMorgan Chase as lender on November 14, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1777393/000177739325000173/0001777393-25-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1777393/000177739325000173/chpt-20251114.htm
  HTML page:      https://secwatch.observer/filing/0001777393-25-000173

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