EVgo (EVGO) Announces $125M Offering of Class A Common Stock

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EVgo Inc. Announces Offering of Class A Common Stock

May 16, 2023 4:44 PM EDT

LOS ANGELES--(BUSINESS WIRE)-- EVgo Inc. (NYSE: EVGO) (EVgo or the Company) announced today the commencement of an underwritten public offering of $125,000,000 of shares of its Class A common stock, par value $0.0001 per share (the Class A common stock). All of the shares of Class A common stock to be sold in the offering will be offered by the Company. The Company expects to grant the underwriters a 30-day option to purchase up to an additional $18,750,000 of shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The... More