Plug Power, Inc. (NASDAQ:PLUG) stock rose Friday after closing a major refinancing that reshaped its balance sheet.The company also scheduled a key shareholder vote to expand its authorized share count next year.Plug closed a convertible note offering totaling $431.25 million due in 2033.Also Read: BJ’s Wholesale Shines As Shoppers Go Premium And Stay LoyalThe deal included full exercise of the underwriters’ additional purchase option. After fees and expenses, Plug received about $399.4 million in net proce ...

SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (the “Company” or “Plug”), a global leader in comprehensive hydrogen solutions for the hydrogen economy, will hold a Special Meeting of Stockholders (the “Special Meeting”) on January 15, 2026, at 10:00 a.m. Eastern Time. The meeting will be conducted in a virtual format only. Purpose of the Special Meeting At the upcoming Special Meeting, Plug will ask stockholders to approve an amendment to the Company’s charter to increa ...

SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful closing of the previously announced offering of $375 million aggregate principal amount of 6.75% convertible notes due 2033, including the full exercise of the initial purchasers’ option to purchase an additional $56.25 million aggregate principal amount of the notes, resulting in a total aggregate principal amount ...

Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Plug Power Inc. following the company's suspension of plans to build hydrogen production facilities, which jeopardizes a significant federal loan guarantee [1][2]. Group 1: Company Actions - On November 13, 2025, Plug Power announced the suspension of plans to construct six facilities for producing and liquefying zero or low-carbon hydrogen, which puts at risk a $1.66 billion federal loan guarantee obtained in January [2]. - Following this announcement, Plug's stock price decreased by $0.48 per share, representing a 17.58% decline, closing at $2.25 per share on November 14, 2025 [2]. Group 2: Legal Investigation - Pomerantz LLP is conducting an investigation on behalf of Plug Power investors regarding possible securities fraud or other unlawful business practices by the company and its officers or directors [1].

On Wednesday, PLUG shares tumbled more than 11% after the company priced $375 million in senior convertible notes. Notably, Plug intends to use about $245.6 million of the proceeds to fully repay its outstanding principal balance.Plug Power is a notable player in the green hydrogen industry, specializing in hydrogen fuel cell technologies. The company is building a comprehensive green hydrogen ecosystem, spanning production, storage, delivery, and energy generation, to support its customers’ business object ...

Plug Power recently launched a new initiative to potentially provide power solutions to data centers.The world needs a massive amount of power to support Artificial Intelligence (AI). According to an estimate by Goldman Sachs, AI will fuel a ferocious 165% increase in data center power demand by the end of the decade. That's leading companies to lock up as much electricity supply as they can get their hands on to power their AI ambitions. Plug Power (PLUG 12.38%) believes it can be part of the solution. Her ...

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Plug Power (PLUG) stock was down more than 13% on Wednesday after the hydrogen fuel cell and electrolyzer systems company announced a $375 million convertible notes offering. In its press release, the Latham-headquartered firm said it will use net proceeds from this offering to primarily to refinance as much as 15% of its expensive debt. More News from Barchart Following today’s plunge, Plug Power shares are trading well over 50% below their October high. www.barchart.com Why Is the Offering Negative ...

Plug Power, a maker of hydrogen fuel cells, plans to sell $375 million in debt. Agnes Lopez / Bloomberg via Getty Images Close Key Takeaways Top Stories Stocks Rise After 4 Days of Losses for S&P 500 Why Nvidia's Earnings Report is So Important Why the Fed's Next Move Is Becoming So Hard to Predict These College Degrees Face the Toughest Job Markets Plug Power (PLUG) shares sank Wednesday after the maker of hydrogen fuel cells announced it would sell $375 million in debt that could be converted into stock. ...

Plug Power, Inc. (NASDAQ:PLUG) shares fell Wednesday after the company announced a $375 million private offering of convertible senior notes.JP Morgan analyst Bill Peterson maintained a Neutral rating and withdrew the price forecast for the company. Plug Power announced a $375 million private offering of convertible senior notes due 2033 shortly after Tuesday’s close.Also Read: Plug Power Wins 55 MW Green Hydrogen Contract In UKThe proceeds will be used to retire $243 million of 15% high-cost debt and repur ...