Summary by Futu AI
BlackRock, Inc., a global investment management corporation based in Delaware, has filed a Schedule 13G with the Securities and Exchange Commission (SEC) on September 30, 2024, indicating a significant ownership stake in ChargePoint Holdings Inc. The filing reveals that BlackRock now beneficially owns 30,984,049 shares of ChargePoint's Class A Common Stock, which represents 7.2% of the class. This level of ownership classifies BlackRock as a major shareholder in the electric vehicle infrastructure company. The filing was made in accordance with Rule 13d-1(b) of the SEC, which applies to certain institutional investment managers. The document specifies that BlackRock has sole dispositive power over all the shares it owns, indicating that it has the exclusive authority to sell or otherwise dispose of the shares. The filing does not report any shared voting or dispositive power, suggesting that BlackRock does not share control over these shares with any other entities. ChargePoint's principal executive offices are located at 240 East Hacienda Avenue, Campbell, CA 95008.