ChargePoint Not Going Public Just Yet as the SPAC Switchback Energy Acquisition Corp. (NYSE: SBE) Postpones the Merger Vote

ChargePoint Not Going Public Just Yet as the SPAC Switchback Energy Acquisition Corp. (NYSE: SBE) Postpones the Merger Vote

3 years ago
Anonymous $K6XgmDN5_o

https://wccftech.com/chargepoint-not-going-public-just-yet-as-the-spac-switchback-energy-acquisition-corp-nyse-sbe-postpones-the-merger-vote/

ChargePoint, the operator of the world’s largest network of independently owned EV charging stations, has not cleared the final hurdle for its shares to start trading on the stock exchange just yet.

As per the Form 424B3 filed by Switchback Energy Acquisition Corp. (NYSE:SBE) with the SEC, the shareholders of the SPAC were slated to approve the business combination with ChargePoint during a special meeting on the 11th of February 2021. However, due to the absence of the required quorum, the vote has now been postponed till later in February. The voting process has also been reopened for shareholders. Switchback will communicate this information officially via a filing with the SEC later today.