Plug Power (PLUG) Announces Proposed $200M Share Offering
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Plug Power Inc. Announces Proposed Public Offering of Common Stock
July 18, 2024 4:01 PM EDTLATHAM, N.Y., July 18, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (Plug Power) (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, today announced that it has commenced an underwritten public offering of $200,000,000 of its common stock. In connection with the offering, Plug Power intends to grant the underwriters a 30-day option to purchase up to $30,000,000 of additional shares of common stock. Plug Power intends to use the net proceeds from the offering for general corporate purposes.
Morgan Stanley is acting as the sole... More
