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CRGE - CRGE STOCK NEWS

Welcome to our dedicated page for CRGE news (Ticker: CRGE), a resource for investors and traders seeking the latest updates and insights on CRGE stock.

Charge Enterprises, Inc. (CRGE) provides critical infrastructure solutions for electric vehicle charging and broadband connectivity. This news hub offers investors and stakeholders timely access to official announcements, strategic developments, and operational milestones.

Find verified updates on project launches, partnership agreements, and financial performance, curated to support informed decision-making. Our collection includes press releases covering:

- New EV charging installations and service expansions
- Broadband infrastructure developments
- Strategic collaborations with industry leaders
- Quarterly financial results and corporate updates

Bookmark this page for direct access to CRGE's evolving role in enabling sustainable transportation and digital connectivity solutions. Check regularly for the company's latest progress in building tomorrow's infrastructure networks.

Rhea-AI Summary

Arena Investors has completed the recapitalization of Charge Enterprises, a leading EV charging and broadband infrastructure company, with Arena becoming the majority owner. This move has significantly reduced Charge's indebtedness, providing a solid financial foundation for future growth. Under new leadership, Charge aims to capitalize on its market-leading EV charging infrastructure capabilities and services, with a focus on continued business expansion.

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Charge Enterprises, Inc. (CRGE) faces delisting from Nasdaq due to non-compliance with bid price requirements. The company received a delisting notice and will be suspended from trading on February 29, 2024. CRGE's common stock may soon be quoted on the OTC Pink Market.
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Charge Enterprises, Inc. (Nasdaq: CRGE) has been selected by Akins Ford for the implementation of 19 electric vehicle charging stations and a 450 kW DC solar photovoltaic system. This partnership aims to advance Akins Ford's electrification objectives and make sustainable transportation more accessible. The project is expected to result in 700,000 kW in total carbon offset.
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CRGE: Charge Enterprises, Inc. Announces Appointment of Matthew Chee as Senior Vice President, Growth
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CRGE Charge Enterprises, Inc. (Nasdaq: CRGE) reported Q3 2023 results, with revenues of $132.3 million, a 19% growth in the Infrastructure segment, and a $9.0 million gross profit, a 48% YoY increase. Efficiency improvements and cost removal were made in the EV charging operation as part of the Greenspeed integration. The Infrastructure segment backlog totaled $139 million. The company expects positive Adjusted EBITDA for Q1 2024 and full year 2024.
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Charge Enterprises, Inc. (Nasdaq: CRGE) will host a public results webcast on November 8, 2023, to review and discuss its 2023 third quarter financial results. The webcast will feature the Company's executive management team and will include a question-and-answer session. The Company plans to release its third quarter 2023 results before the market opens on that day.
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Charge Enterprises, Inc. has hired Gateway Group to enhance its external communications and branding efforts.
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Charge Enterprises, Inc. to participate in UBS Mobility Virtual Conference on October 2, 2023
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Large shareholder urges Charge to take immediate action to address significant underperformance. Urges elimination of staggered board structure, reinvigoration of the board, changes in management/operations, engaging a professional interim advisor, integration and incentivization of subsidiaries, revisiting general and administrative costs, and rationalizing cost of capital.
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Charge Enterprises, Inc. to participate in Raymond James Virtual Lean, Mean and Green: Vehicle Technology Day on September 18, 2023.
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