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Plug Power | 8-K: Amendment No. 2 to At Market Issuance Sales Agreement

Plug Power | 8-K: Amendment No. 2 to At Market Issuance Sales Agreement

普拉格能源 | 8-K:《市場發行銷售協議》第2號修正案
美股SEC公告 ·  11/08 19:09

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On November 7, 2024, Plug Power Inc. announced an amendment to its existing Sales Agreement with B. Riley Securities, Inc. The amendment, known as Amendment No. 2, increases the aggregate gross sales price of shares available for issuance by approximately $375 million, bringing the total to $1 billion. This follows the company's successful sale of over 219 million shares, amounting to approximately $677 million. The amendment also extends the company's right to direct B. Riley to purchase shares on a principal basis until December 31, 2025, with the potential for reduced purchase amounts if the company's market capitalization falls below $1 billion after February 8, 2025. Plug Power has committed to reimbursing B. Riley up to $25,000 for legal expenses related to the amendment. The shares will be issued under Plug Power's automatic shelf registration statement and related prospectus supplements filed with the SEC. The full text of Amendment No. 2 has been filed with the SEC and is incorporated by reference into the report.
On November 7, 2024, Plug Power Inc. announced an amendment to its existing Sales Agreement with B. Riley Securities, Inc. The amendment, known as Amendment No. 2, increases the aggregate gross sales price of shares available for issuance by approximately $375 million, bringing the total to $1 billion. This follows the company's successful sale of over 219 million shares, amounting to approximately $677 million. The amendment also extends the company's right to direct B. Riley to purchase shares on a principal basis until December 31, 2025, with the potential for reduced purchase amounts if the company's market capitalization falls below $1 billion after February 8, 2025. Plug Power has committed to reimbursing B. Riley up to $25,000 for legal expenses related to the amendment. The shares will be issued under Plug Power's automatic shelf registration statement and related prospectus supplements filed with the SEC. The full text of Amendment No. 2 has been filed with the SEC and is incorporated by reference into the report.
2024年11月7日,普拉格能源公司宣佈對現有的與b. Riley Securities,Inc.的銷售協議進行修正。此修正,稱爲第二修正案,將可發行股份的總毛銷售價格增加約$37500萬,將總額提高至$10億。此前,該公司成功銷售了超過21900萬股,金額約爲$67700萬。修正還延長了該公司直接要求b. Riley在原則基礎上購買股份的權利,直至2025年12月31日,如果公司市值在2025年2月8日後跌破$10億,公司有可能減少購買金額。普拉格能源已承諾爲與該次修正有關的法律費用向b. Riley進行最高$25,000的償還。這些股份將根據普拉格能源的自動上市註冊聲明和與美國證券交易委員會提交的相關招股說明書進行發行。第二修正案的完整文本已提交給美國證券交易委員會並併入報告。
2024年11月7日,普拉格能源公司宣佈對現有的與b. Riley Securities,Inc.的銷售協議進行修正。此修正,稱爲第二修正案,將可發行股份的總毛銷售價格增加約$37500萬,將總額提高至$10億。此前,該公司成功銷售了超過21900萬股,金額約爲$67700萬。修正還延長了該公司直接要求b. Riley在原則基礎上購買股份的權利,直至2025年12月31日,如果公司市值在2025年2月8日後跌破$10億,公司有可能減少購買金額。普拉格能源已承諾爲與該次修正有關的法律費用向b. Riley進行最高$25,000的償還。這些股份將根據普拉格能源的自動上市註冊聲明和與美國證券交易委員會提交的相關招股說明書進行發行。第二修正案的完整文本已提交給美國證券交易委員會並併入報告。

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