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EVgo receives unsolicited $2.00/share buyout offer from majority shareholder LS Power.

Company Fundamentals
02 Nov 2026, 22:45 WIB
GlobeNewsWire
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Neutral
EVgo receives unsolicited $2.00/share buyout offer from majority shareholder LS Power.

EVgo's Board of Directors received a non-binding proposal from LS Power Equity Advisors to buy all outstanding shares of EVgo's Class A common stock at $2.00 per share. LS Power already controls about 56% of EVgo's voting stock. A special committee of independent directors will review the offer, but no decision has been made yet. Shareholders are advised to take no action at this time, and there is no guarantee the deal will proceed or be approved.

EVgo's recent receipt of a non-binding take private proposal is presented here with Consumer Cyclical sector market data from Pluang as of Nov 03, 2026 03:11 WIB. Out of 134 priced US stocks in this sector, 114 rose and 19 fell today. Notable movers include RIVN at USD 13.10 with a 7.73% increase and a Pluang order activity of 35% Sell / 65% Buy, MMYT at USD 45.97 up 7.71% with 0% Sell / 100% Buy, and PLBY at USD 1.27 rising 7.63% but with 100% Sell / 0% Buy activity.

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