Climate Change Crisis Real Impact I Acquisition Corporation
(NYSE: CLII) (“CLII”), a publicly-traded special purpose
acquisition company, reminds its stockholders to vote in favor of
the previously announced business combination (the “Business
Combination”) with EVgo Services LLC (“EVgo”), the nation’s largest
public fast charging network for electric vehicles (“EVs”) and
first powered by 100% renewable electricity.
Stockholders who owned common stock of CLII as of the close of
business on May 19, 2021 (the “Record Date”), may vote their
shares. Stockholders as of the Record Date continue to have the
right to vote their shares, regardless of whether such stockholders
subsequently sold their shares and do not own such shares as of the
date they cast their vote.
The special meeting to approve the pending Business Combination
(the “Special Meeting”) is scheduled to be held on June 29, 2021 at
10:00 a.m. Eastern Time. The Special Meeting will be conducted
completely virtually, and can be accessed via live webcast at
https://www.cstproxy.com/climatechangecrisisrealimpacti/2021.
Additional information on how stockholders of record may vote
their shares can be found at
https://www.climaterealimpactsolutions.com/cris1-vote.
Every stockholder’s vote is
important, regardless of the number of shares held.
Accordingly, all CLII stockholders who held shares as of the
Record Date who have not yet voted are encouraged to do so as soon
as possible and by no later than 10:00 a.m. Eastern Time on June
29, 2021. For the avoidance of doubt, CLII stockholders who owned
shares as of the Record Date and subsequently sold all or a portion
of their shares are STILL entitled to vote, and are encouraged to
do so. CLII’s board of directors recommends you vote “FOR” the
Business Combination with EVgo and “FOR” all of the related
proposals described in the definitive proxy statement on Schedule
14A (the “Proxy Statement”) filed by CLII with the Securities and
Exchange Commission (“SEC”) on May 27, 2021.
These are the two easiest and fastest ways to vote – and they
are both free:
- Vote Online (Highly
Recommended): Follow the instructions provided by your broker,
bank or other nominee on the Voting Instruction Form mailed (or
e-mailed) to you. To vote online, you will need your voting control
number, which you can find on your Voting Instruction Form. Votes
submitted electronically over the Internet must be received by
11:59 p.m., Eastern Time, on June 28, 2021.
- Vote by Telephone: Follow
the instructions provided by your broker, bank or other nominee on
the Voting Instruction Form mailed (or e-mailed) to you. To vote
via the automated telephone service, you will need your voting
control number, which you can find on your Voting Instruction Form.
Votes submitted over the telephone must be received by 11:59 p.m.,
Eastern Time, on June 28, 2021.
Additionally, you can also vote by mail:
- Vote by Mail: Follow the
instructions provided by your broker, bank or other nominee on the
Voting Instruction Form mailed or e-mailed to you. You will need
your voting control number which is included on the Voting
Instruction Form mailed or e-mailed to you in order to vote by
mail. Please be sure to, (1) mark, sign and date your Voting
Instruction Form, (2) fold and return your Voting Instruction Form
in the postage-paid envelope provided, and (3) mail your Voting
Instruction Form to ensure receipt on or before 11:59 p.m., Eastern
Time, on June 28, 2021.
YOUR CONTROL NUMBER IS FOUND ON YOUR
VOTING INSTRUCTION FORM. If you did not receive or
misplaced your Voting Instruction Form, contact your bank, broker
or other nominee to obtain your control number in order to vote. A
bank, broker or other nominee is a person or firm that acts as an
intermediary between an investor and the stock exchange who can
help you vote your shares.
If any individual CLII stockholder has not received the Proxy
Statement, such stockholder should (i) confirm his or her Proxy
Statement’s status with his or her broker or (ii) contact Morrow
Sodali LLC, CLII’s proxy solicitor, for assistance via e-mail at
CLII.info@investor.morrowsodali.com or toll-free call at (800)
662-5200. Banks and brokers can place a collect call to Morrow
Sodali at (203) 658-9400.
Important Information and Where to Find It
In connection with the proposed Business Combination between
EVgo and CLII and related transactions (the “Proposed
Transactions”), CLII has filed the Proxy Statement with the SEC,
which was distributed to holders of CLII’s common stock in
connection with CLII’s solicitation of proxies for the vote by
CLII’s stockholders with respect to the Proposed Transactions and
other matters as described in the Proxy Statement. Investors and
security holders and other interested parties are urged to read the
Proxy Statement, and any amendments thereto and any other documents
filed with the SEC carefully and in their entirety because they
contain important information about CLII, EVgo and the Proposed
Transactions. Investors and security holders may obtain free copies
of the Proxy Statement and other documents filed with the SEC by
CLII through the website maintained by the SEC at
http://www.sec.gov, or by directing a request to: Climate Change
Crisis Real Impact I Acquisition Corporation, 300 Carnegie Center,
Suite 150, Princeton, New Jersey 08540. The information contained
on, or that may be accessed through, the websites referenced in
this press release is not incorporated by reference into, and is
not a part of, this press release.
Participants in the Solicitation
CLII and EVgo and their respective directors and certain of
their respective executive officers and other members of management
and employees may be considered participants in the solicitation of
proxies with respect to the Proposed Transactions. Information
about the directors and executive officers of CLII and EVgo is set
forth in the Proxy Statement. Stockholders, potential investors and
other interested persons should read the Proxy Statement carefully
before making any voting or investment decisions. These documents
can be obtained free of charge from the sources indicated
above.
Forward Looking Statements
Certain statements in this press release that are not historical
facts may constitute forward-looking statements are forward-looking
statements for purposes of the safe harbor provisions under the
United States Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally are accompanied by words such
as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,”
“intend,” “expect,” “should,” “would,” “plan,” “predict,”
“potential,” “seem,” “seek,” “future,” “outlook,” and similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. All statements,
other than statements of present or historical fact included in
this press release, regarding CLII’s proposed business combination
with EVgo, CLII’s ability to consummate the transaction, the
benefits of the transaction and the combined company’s future
financial performance, as well as the combined company’s strategy,
future operations, estimated financial position, estimated revenues
and losses, projected costs, prospects, plans and objectives of
management are forward-looking statements. These statements are
based on various assumptions, whether or not identified in this
press release, and on the current expectations of the respective
management of CLII and EVgo and are not predictions of actual
performance. These forward-looking statements are provided for
illustrative purposes only and are not intended to serve as, and
must not be relied on as, a guarantee, an assurance, a prediction
or a definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of CLII or EVgo. Potential risks and
uncertainties that could cause the actual results to differ
materially from those expressed or implied by forward-looking
statements include, but are not limited to, changes in domestic and
foreign business, market, financial, political and legal
conditions; the inability of the parties to successfully or timely
consummate the business combination, including the risk that any
regulatory approvals are not obtained, are delayed or are subject
to unanticipated conditions that could adversely affect the
combined company or the expected benefits of the business
combination or that the approval of the stockholders of CLII or
EVgo is not obtained; failure to realize the anticipated benefits
of business combination; risk relating to the uncertainty of the
projected financial information with respect to EVgo; the amount of
redemption requests made by CLII’s stockholders; the overall level
of consumer demand for EVgo’s products; general economic conditions
and other factors affecting consumer confidence, preferences, and
behavior; disruption and volatility in the global currency,
capital, and credit markets; the financial strength of EVgo’s
customers; EVgo’s ability to implement its business strategy;
changes in governmental regulation, EVgo’s exposure to litigation
claims and other loss contingencies; disruptions and other impacts
to EVgo’s business, as a result of the COVID-19 pandemic and
government actions and restrictive measures implemented in
response; stability of EVgo’s suppliers, as well as consumer demand
for its products, in light of disease epidemics and health-related
concerns such as the COVID-19 pandemic; the impact that global
climate change trends may have on EVgo and its suppliers and
customers; EVgo’s ability to protect patents, trademarks and other
intellectual property rights; any breaches of, or interruptions in,
CLII’s information systems; fluctuations in the price, availability
and quality of electricity and other raw materials and contracted
products as well as foreign currency fluctuations; changes in tax
laws and liabilities, tariffs, legal, regulatory, political and
economic risks. More information on potential factors that could
affect CLII’s or EVgo’s financial results is included from time to
time in CLII’s public reports filed with the SEC, as well as the
Proxy Statement that CLII has filed with the SEC in connection with
CLII’s solicitation of proxies for the meeting of stockholders to
be held to approve, among other things, the proposed business
combination. If any of these risks materialize or CLII’s or EVgo’s
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. There
may be additional risks that neither CLII nor EVgo presently know,
or that CLII and EVgo currently believe are immaterial, that could
also cause actual results to differ from those contained in the
forward-looking statements. In addition, forward-looking statements
reflect CLII’s and EVgo’s expectations, plans or forecasts of
future events and views as of the date of this press release. CLII
and EVgo anticipate that subsequent events and developments will
cause their assessments to change. However, while CLII and EVgo may
elect to update these forward-looking statements at some point in
the future, CLII and EVgo specifically disclaim any obligation to
do so, except as required by law. These forward-looking statements
should not be relied upon as representing CLII’s or EVgo’s
assessments as of any date subsequent to the date of this press
release. Accordingly, undue reliance should not be placed upon the
forward-looking statements.
No Offer or Solicitation
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities.
About CLII
CLII is a special-purpose acquisition company (“SPAC”) formed to
identify and acquire a scalable company making significant
contributions to the fight against the climate crisis. CLII is
co-sponsored by private funds affiliated with Pacific Investment
Management Company LLC (“PIMCO”), which has more than $640 billion
in sustainability investments across its portfolios. CLII is led by
a seasoned operations and leadership team that has decades of
experience at the intersection of climate change and capitalism,
and includes veterans from NRG, Credit Suisse, General Electric and
Green Mountain Power. For more information, please visit
www.climaterealimpactsolutions.com/.
About EVgo
EVgo is the nation’s largest public fast charging network for
electric vehicles, and the first to be powered by 100% renewable
energy. With more than 800 fast charging locations, EVgo’s charging
network serves over 65 metropolitan areas across 34 states, owns
and operates the most public fast charging locations in the US. and
serves more than 250,000 customers. Founded in 2010, EVgo leads the
way on transportation electrification, partnering with automakers;
fleet and rideshare operators; retail hosts such as hotels,
shopping centers, gas stations and parking lot operators; and other
stakeholders to deploy advanced charging technology to expand
network availability and make it easier for drivers across the U.S.
to enjoy the benefits of driving an EV. As a charging technology
first mover, EVgo works closely with business and government
leaders to accelerate the ubiquitous adoption of EVs by providing a
reliable and convenient charging experience close to where drivers
live, work and play, whether for a daily commute or a commercial
fleet. EVgo’s parent company is LS Power, a New York-headquartered
development, investment and operating company focused on leading
edge solutions for the North American power and energy
infrastructure sector. On January 22, 2021, EVgo announced that it
entered into a definitive business combination agreement with CLII
(NYSE: CLII). For more information visit evgo.com and
lspower.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210622005294/en/
CLII For Investors: Dan Gross
dan.gross@climaterealimpactsolutions.com
For Media: Isaac Steinmetz Director of Media Relations
cris@antennagroup.com 646-883-3655
EVgo For Investors:
EVgoIR@icrinc.com
For Media: EVgoPR@icrinc.com
LS Power Steven Arabia Director,
Government Affairs & Media Relations sarabia@lspower.com
609-212-3857
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