Plug Power Inc. has announced the potential resale of 3,461,371 shares of common stock by selling stockholders. These shares may be issued upon the exercise of warrants held by the selling stockholders, which were initially issued as earn-out consideration under a Merger Agreement dated June 22, 2020. The registration of the shares does not necessarily indicate that the selling stockholders will sell all or part of the shares. The common stock is listed on the Nasdaq Capital Market under the symbol 'PLUG.' The last reported sale price of Plug Power's common stock was $3.08 as of May 23, 2024. The prospectus supplement, dated May 24, 2024, details that Plug Power will not receive any proceeds from the sale of common stock by the selling stockholders. However, proceeds may be received from any cash exercise of the warrants. The selling stockholders have the option to exercise the warrants on a 'cashless basis,' which would reduce the number of shares issued upon exercise in lieu of cash payment.

Plug Power Inc. has announced the potential resale of 3,461,371 shares of common stock by selling stockholders. These shares may be issued upon the exercise of warrants held by the selling stockholders, which were initially issued as earn-out consideration under a Merger Agreement dated June 22, 2020. The registration of the shares does not necessarily indicate that the selling stockholders will sell all or part of the shares. The common stock is listed on the Nasdaq Capital Market under the symbol 'PLUG.' The last reported sale price of Plug Power's common stock was $3.08 as of May 23, 2024. The prospectus supplement, dated May 24, 2024, details that Plug Power will not receive any proceeds from the sale of common stock by the selling stockholders. However, proceeds may be received from any cash exercise of the warrants. The selling stockholders have the option to exercise the warrants on a 'cashless basis,' which would reduce the number of shares issued upon exercise in lieu of cash payment.