EVgo (EVGO) Announces Secondary Offering of Class A Common Stock

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EVgo Inc. Announces Secondary Offering of Class A Common Stock

December 16, 2024 4:10 PM EST

LOS ANGELES--(BUSINESS WIRE)-- EVgo Inc. (NASDAQ: EVGO) (EVgo or the Company) announced today that EVgo Holdings, LLC, an affiliate of LS Power Equity Partners IV, L.P. (LS Power), intends to offer for sale in an underwritten public secondary offering 23,000,000 shares of Class A common stock, par value $0.0001 per share (the Class A Shares) of the Company. LS Power expects to grant the underwriters a 30-day option to purchase up to an additional 3,450,000 Class A Shares at the public offering price, less the underwriting discounts and commissions. No Class A Shares are being sold... More