EVgo Inc. — Form SCHEDULE 13D/A
Filed November 2, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A
▲ Likely positive
significance 78/100
What the filing says
LS Power Equity Advisors, which owns ~178M shares (56% voting control) of EVgo, submitted a non-binding proposal on November 2, 2026 to acquire all remaining public shares at $2.00/share cash—a 62% premium to 30-day VWAP and 59% premium to closing price as of October 30, 2026. The proposal requires recommendation by a special committee of independent directors and contemplates a long-form merger structure.
Why this rating
Takeout proposal at substantial premium to majority owner; 44% minority ~$352M at $2/share is ~76% of company market cap—transformational for public shareholders. Non-binding status and special committee requirement reduce immediacy but signal serious intent.
Price action (we called it positive)
before filing · preread $1.23 | at our read pending | +10 min pending | +30 min pending | +1 hr pending | +4 hrs pending |
Quotes via Yahoo Finance at capture time; for filings arriving outside market hours the clock starts at the next open. Not investment advice. How accurate are our calls? →
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