CIBC Private Wealth Group LLC filed a beneficial ownership statement with the SEC on November 9, 2026, disclosing a position of 141,715,720 shares of EVgo Inc. Class A common stock as of an event date of November 5, 2026.

Key Highlights

  • Reporting entity: CIBC Private Wealth Group LLC, a Delaware-organized holding company, is the filer.
  • Shares reported: 141,715,720 shares of EVgo Inc. Common Class A (CUSIP 30052F100) beneficially owned in aggregate.
  • Ownership percentage: The filing states the position represents 5.06% of the class.
  • Voting and disposition: All 141,715,720 shares carry sole voting power and sole dispositive power; shared voting and shared dispositive power are each reported as 0.
  • Triggering event date: November 5, 2026, is the date of the event that required the filing.
  • Subsidiary identified: CIBC National Trust Company is listed as the subsidiary through which the securities were acquired.

CIBC Private Wealth Crosses Ownership Threshold in EVgo Class A Stock

According to the filing, CIBC Private Wealth Group LLC, organized in Delaware and headquartered at 181 W Madison, Chicago IL 60602, reported beneficial ownership of 141,715,720 shares of EVgo Inc. Common Class A stock. EVgo Inc. is a public company with principal executive offices located at 1661 East Franklin Avenue, El Segundo, California 90245, and its Class A common stock trades on NASDAQ under the ticker NASDAQ:EVGO. The filing identifies CIBC Private Wealth Group LLC as a parent holding company, with CIBC National Trust Company named as the relevant subsidiary through which the reported securities were acquired.

The filing states that all 141,715,720 shares are held with sole voting power and sole dispositive power by the reporting person, with no shares subject to shared voting or shared dispositive arrangements. The aggregate beneficial ownership is reported as 5.06% of the class. The filer certified, in the words of the document, that "the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." The statement was signed by Mary E. Antunes, Executive Director, Compliance, on November 9, 2026.

Items 5, 8, and 9 of the filing, covering ownership of 5% or less of a class, group membership identification, and notice of group dissolution, are each listed as "Not Applicable," according to the document.

What Was Disclosed

CIBC Private Wealth Group LLC disclosed beneficial ownership of 141,715,720 shares of EVgo Inc. Common Class A stock, equal to 5.06% of the class, with all shares held under sole voting and sole dispositive power, as reported in a filing dated November 9, 2026.