On November 12, 2024, Plug Power Inc. announced the filing of a prospectus supplement with the Securities and Exchange Commission. This filing is related to the potential resale by a selling stockholder of up to 125 million shares of common stock, which are issuable upon the conversion of an unsecured convertible debenture with a principal amount of $200 million. The debenture will be issued in a private placement for $190 million, under an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as per the Debenture Purchase Agreement dated November 11, 2024. The closing of the transaction is subject to customary conditions, including the filing of the Prospectus Supplement. Additionally, the company provided an opinion from its counsel, Goodwin Procter LLP, regarding the legality of the common stock issuable upon conversion of the debenture, which is included as an exhibit in the current report.

On November 12, 2024, Plug Power Inc. announced the filing of a prospectus supplement with the Securities and Exchange Commission. This filing is related to the potential resale by a selling stockholder of up to 125 million shares of common stock, which are issuable upon the conversion of an unsecured convertible debenture with a principal amount of $200 million. The debenture will be issued in a private placement for $190 million, under an exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as per the Debenture Purchase Agreement dated November 11, 2024. The closing of the transaction is subject to customary conditions, including the filing of the Prospectus Supplement. Additionally, the company provided an opinion from its counsel, Goodwin Procter LLP, regarding the legality of the common stock issuable upon conversion of the debenture, which is included as an exhibit in the current report.