M&A - Blink Charging Co.

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Form Type: 8-K

Filing Date: 2025-03-14

Corporate Action: Merger

Type: Update

Accession Number: 000149315225010420

Filing Summary: On March 10, 2025, Blink Charging Co.'s indirect wholly owned subsidiary, Envoy Technologies, Inc., entered into Amendment No. 1 to the Agreement and Plan of Merger, originally dated April 18, 2023. This amendment extends the deadline for Envoy Technologies to complete an underwritten initial public offering from April 18, 2025, to June 2, 2025. As consideration for the extension, the value of shares to be issued to former shareholders of Envoy Technologies increased from $22.5 million to $23.0 million. Additionally, a prospectus covering the resale of these shares will be filed within the registration statement for the IPO. The Amendment is attached as Exhibit 2.1. The document was signed by Michael C. Battaglia, President and CEO of Blink Charging Co.

Document Link: View Document

Additional details:

Date Of Agreement: 2025-03-10


Amendment Number: 1


Ipo Deadline Extension: 45 days


New Ipo Deadline: 2025-06-02


Previous Ipo Deadline: 2025-04-18


Share Value Increase: $0.5 million


New Share Value: $23.0 million


Previous Share Value: $22.5 million


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