−Removed: EVgo leases space for its principal executive offices as well as a testing facility.
−Removed: EVgo’s primary office is located at 11835 West Olympic Boulevard, Suite 900E, Los Angeles, California 90064.
−Removed: EVgo’s testing facility is located at 138 Sheldon Street, El Segundo, California 90245.
−Removed: In addition, the Company has entered into agreements with Site Hosts, which allow the Company to operate the charging stations on the Site Hosts’ property and which EVgo considers to be material to EVgo’s operations.
−Removed: The agreements with the Site Hosts, which are deemed to be operating leases, are located throughout the geographical areas in which EVgo operates, may include one or more provisions to compensate the Site Hosts, such as fixed fees, cost reimbursements, revenue sharing and payments per customer charge.
+Added: EVgo’s corporate headquarters is located at 11835 West Olympic Boulevard, Suite 900E, Los Angeles, California, 90064.
+Added: As of February 28, 2023, the Company owned or leased facilities and land for additional offices, a testing facility, a warehouse, and host sites and hubs throughout the U.S.
+Added: The Company believes its existing facilities and equipment are in good operating condition and are suitable for the conduct of its business.
+Added: In addition, the Company has entered into agreements with Site Hosts, which allow the Company to operate charging stations on Site Hosts’ properties and which, collectively, EVgo considers to be material to EVgo’s operations.
+Added: The agreements with the Site Hosts, which are deemed to be operating leases, are located throughout the geographical areas in which EVgo operates and may include one or more provisions to compensate the Site Hosts, such as fixed fees, cost reimbursements, revenue sharing and payments per customer charge.
The expenses related to these agreements are recorded in cost of sales for sites that are operational.
3 unchanged sentences
EVgo believes that its current facilities are sufficient to conduct EVgo’s operations.
−Removed: However, EVgo continues to evaluate the purchase or lease of additional properties.
+Added: However, EVgo continues to evaluate the potential purchase or lease of additional properties.
Legal Proceedings.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.