cris and evgo
EVgo, an industry-leading builder, owner and operator of DC fast charging for electric vehicles in the U.S., has entered into a definitive business combination agreement with Climate Change Crisis Real Impact I Acquisition Corporation ("CRIS"); upon closing, the combined entity is expected to be listed under the new ticker symbol "EVGO". EVgo, CRIS and LS Power will host a joint investor conference call to discuss the proposed transaction today, Friday, January 22, 2021 at 8:30 AM EST. CRIS, EVgo and their respective directors and executive officers may be deemed participants in the solicitation of proxies from CRIS's stockholders … EVgo meets CRIS’s stringent investment criteria, which focus on investments in disruptive energy infrastructure opportunities that are strongly aligned with environmental, social and governance principles. EVgo meets CRIS’s stringent investment criteria, which focus on investments in disruptive energy infrastructure opportunities that are strongly aligned with environmental, social and governance principles. Upon closing of the transaction, the combined company will be named EVgo Inc. and publicly listed under the symbol “EVGO”. CRIS, EVgo and their respective directors and executive officers may be deemed participants in the solicitation of proxies from CRIS’s stockholders in connection with the business combination. EVgo was founded in 2010 by NRG, but then sold to Vision Ridge Partners in 2016. CRIS, EVgo and their respective directors and executive officers may be deemed participants in the solicitation of proxies from CRIS’sstockholders in connection with the business combination. CRIS, EVgo, Holdings and their respective directors and executive officers may be deemed participants in the solicitation of proxies from CRIS’s stockholders in connection with the business combination. In early 2020, the company was acquired by LS Power and soon it will be publicly listed. CRIS’sstockholders and other interested persons may obtain, without charge, more CRIS, EVgo and their respective directors and executive officers may be deemed participants in the solicitation of proxies from CRIS's stockholders in connection with the business combination. EVgo is the leader in DCFC trailing only Tesla by the number of locations with fast charging stations. Both LS Power and EVgo management will roll 100% of their equity into the new company, representing about 74% of the company upon closing. It will consist of $400 million from the PIPE and about $230 million from CRIS’ IPO trust. Chargepoint had 731 locations as of June , …
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