Envoy Technologies Extends IPO Deadline to September 2025, Increases Share Value to $23.5M

Reuters

05/21

Envoy Technologies Extends IPO Deadline to September 2025, Increases Share Value to $23.5M

Envoy Technologies, an indirect wholly owned subsidiary of Blink Charging Co., has entered into an Amendment No. 3 to its Merger Agreement, initially dated April 18, 2023. This Amendment extends the deadline for Envoy Technologies to complete a direct listing or an underwritten initial public offering to September 2, 2025. As part of this extension, the value of Envoy Technologies shares to be issued to its former shareholders has been increased to $23.5 million. The Amendment also specifies that cash payments to former shareholders may be sourced from proceeds of a sale of Envoy Technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blink Charging Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-011862), on May 21, 2025, and is solely responsible for the information contained therein.

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