ChargePoint SwitchBack Energy SBE Investor Call Presentation
ChargePoint SwitchBack Energy SBE Investor Call Presentation Public listing milestone broadens market leadership and builds on over a decade of innovation with more than 4,000 businesses and organizations participating in ChargePoint’s new fueling network
Approximately $493 million in net proceeds will advance ChargePoint, Inc.’s commercial, fleet and residential businesses
Transaction includes $225 million upsized PIPE at $10.00 per share anchored by institutional investors, including Baillie Gifford and funds managed by Neuberger Berman Alternatives Advisors
ChargePoint President and CEO Pasquale Romano and existing leadership team to lead combined company
Investor call scheduled for Thursday, September 24, 2020 at 8:30am ET
ChargePoint Logo
SBE
Campbell, Calif. & Dallas, Texas – September 24, 2020 – ChargePoint, Inc., (the “Company” or “ChargePoint”) a leading electric vehicle (“EV”) charging network, and Switchback Energy Acquisition Corporation (NYSE: SBE) (“Switchback”), a publicly traded special purpose acquisition company with a strategic focus on the energy sector, today announced the signing of a definitive business combination agreement. ChargePoint expects to use transaction proceeds to expand its reach in North America and Europe, further enhance its technology portfolio and significantly scale its commercial, fleet and residential businesses ahead of the anticipated introduction of an increasing number of new EV models and rising EV penetration.
“For thirteen years we have been singularly focused on our vision to move all people and goods on electricity, and that has never been more relevant than it is today,” said Pasquale Romano, President and CEO, ChargePoint. “We’ve pioneered networked charging and are resolute in our aim to usher in the transition to mass EV adoption by electrifying one parking spot at a time. Today, we are a charging market leader thanks to a winning business model, a complete portfolio and thousands of brands that have realized that EV charging is essential, good for business and aligned with their corporate and sustainability goals. Our technology charges all EVs – from passenger vehicles to delivery fleets – so there is no need to choose winners in electric mobility. We see ourselves as an index for the entire category.”
-
3:24
OctopusMoneyMultipliers
3 years agoChargePoint SwitchBack Energy Official Electric vehicle charging network public NEWS SBE
6 -
3:27
OctopusMoneyMultipliers
3 years agoChargePoint SBE SwtichBack Energy Nears Deal To Go Public Electric Vehicle Charging SPAC Stock
3 -
0:23
RedChip
11 months agoSPI: A Compelling Opportunity in Solar, Battery Storage, EVs, and More
11 -
19:14
RICHTVLIVE88
1 year agoNEO Battery Materials Ltd (TSXV: NBM) (OTCQB: NBMFF) | Expands to America | Investor Conference
19 -
38:39
Alex's Tech Advice for Life!
9 months agoFULL VIDEO BRIEFING: Cisco unveils its next-generation environmental sustainability strategy
76 -
4:19
LumleyTrading
1 year ago$EVGO Stock Analysis - Time To Short EVgo Inc???
3 -
10:10
Tool Box Talk For Electricians
1 year ago7 Surprising Tips on Starting a Profitable/Successful Electrical Business
21 -
45:44
Farzad Mesbahi
1 year agoTesla Q1 2023 Earnings Call (SUPERCUT)
1 -
0:34
JstaryPower2000
1 year agohow to find and contact suppliers for solar battery in 2022
60 -
36:48
Energy News Beat Podcast
11 months agoENB Jeremy Bezdek, EVP of Global Corp Dev & President of Freyr Battery US How the Grid needs storage
53