Charge Enterprises to Reschedule Second Quarter 2023 Earnings Release and Webcast
09 Agosto 2023 - 8:05AM
Business Wire
Plans to file Form 10-Q within 5-day grace
period provided by SEC Rule 12b-25
Charge Enterprises, Inc. (Nasdaq: CRGE) (“Charge” or the
“Company”) today announced that it will reschedule its second
quarter 2023 earnings release and related webcast due to a delay in
finalizing its Form 10-Q for the period ended June 30, 2023. The
Company will file a Form 12b-25 Notification of Late Filing with
the Securities and Exchange Commission (SEC) to extend the filing
deadline for its Form 10-Q for five calendar days, until Monday,
August 14, 2023. The extension is the result of the Company
considering additional disclosures and thus is unable to complete
its preparation of its Form 10-Q for the period ended June 30, 2023
in a timely manner.
The Company will file its Form 10-Q, publish its second quarter
2023 earnings release, and hold its quarterly webcast on August 14,
2023.
The Company plans to issue its second quarter 2023 results
before the market opens that morning. The following documents will
be available on the Company website Charge
Enterprises/Investors: Earnings press release, webcast link,
presentation slides and SEC filings.
Webcast:
Date: Monday, August 14, 2023
Time: 10:30 am ET
Webcast URL:
https://www.webcaster4.com/Webcast/Page/2886/48558
A replay of the webcast will be posted on the Company website
within 24 hours of the event at Charge
Enterprises/Investors.
About Charge Enterprises, Inc.
Charge Enterprises, Inc. is an electrical, broadband and EV
charging infrastructure company that provides clients with
end-to-end project management services. We operate in two segments:
Infrastructure, which has a primary focus on EV charging, broadband
and wireless, and electrical contracting services; and
Telecommunications, which provides connection of voice calls, Short
Message Services (SMS) and data to global carriers. Our vision is
to be a leader in enabling the next wave of transportation and
connectivity. By building, designing, and operating seamless
infrastructure for electric vehicles, we aim to create a future
where transportation is clean, efficient, and connected and to
empower individuals, communities, and businesses to thrive in a
more sustainable world. Our plan is to cultivate repeat customers
and recurring revenues by deploying a multi-phased strategy,
initially where investment in the EV charging revolution is taking
place, the nation’s approximately 18,000 franchised auto
dealers.
To learn more about Charge, visit Charge Enterprises, Inc.
Notice Regarding Forward-Looking Information
This press release contains forward-looking statements within
the meaning of the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. Forward-looking statements reflect
current expectations or beliefs regarding future events or Charge's
future performance. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans",
"expects", "is expected", "budget", "scheduled", "estimates",
“potential”, "continues", "forecasts", "projects", "predicts",
"intends", "anticipates", "targets" or "believes", or variations
of, or the negatives of, such words and phrases or state that
certain actions, events or results "may", "could", "would",
"should", "might" or "will" be taken, occur or be achieved. All
forward-looking statements, including those herein, are qualified
by this cautionary statement. Although Charge believes that the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements involve risks and
uncertainties, and actual results may differ materially from any
future results expressed or implied by such forward-looking
statements. Such risks and uncertainties include the ability to
achieve the expected benefits of the Greenspeed acquisition,
including the risks that the Company’s synergy estimates are
inaccurate or that the Company faces higher than anticipated
integration or other costs in connection with the acquisition, the
business plans and strategies of Charge, Charge’s ability to
satisfy its debt payment obligations or extend the maturity or
refinance outstanding debt at or prior to maturity, Charge's future
business development, market acceptance of electric vehicles, the
success of Charge’s retail dealership initiative and the size,
scope and success of the related initial installation projects,
Charge's ability to generate profits and positive cash flow,
changes in government regulations and government incentives,
subsidies, or other favorable government policies, rising interest
rates and the impact on investments by our customers, and other
risks discussed in Charge's filings with the U.S. Securities and
Exchange Commission ("SEC"). Readers are cautioned that the
foregoing list of risks and uncertainties is not exhaustive of the
factors that may affect forward-looking statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. The forward-looking statements in this press release
speak only as of the date of this press release or as of the date
or dates specified in such statements. For more information on us,
investors are encouraged to review our public filings with the SEC,
including the factors described in the section captioned “Risk
Factors” of Charge’s Annual Report on Form 10-K filed with the SEC
on March 15, 2023, and Charge’s Quarterly Report on Form 10-Q to be
filed with the SEC on August 9, 2023, as well as subsequent reports
we file from time to time with the SEC which are available on the
SEC's website at www.sec.gov. Charge disclaims any intention or
obligation to update or revise any forward- looking information,
whether as a result of new information, future events or otherwise,
other than as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230809832782/en/
Investors Christine Cannella
(954) 298-6518 ccannella@charge.enterprises
Kevin McGrath (646) 418-7002 kevin@tradigitalir.com
Media: Kristopher Conesa
(305) 975-5934 kconesa@csuitepr.com
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