Plug Power Inc. Enters Material Definitive Agreement
Ticker: PLUG · Form: 8-K · Filed: 2025-01-23T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Plug Power just signed a big deal, creating new financial obligations.
AI Summary
On January 16, 2025, Plug Power Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Delaware, filed this 8-K report with the SEC, detailing the terms of this significant financial commitment.
Why It Matters
This filing indicates a new financial commitment for Plug Power Inc., which could impact its financial obligations and operational capacity.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial risks and obligations that may affect the company's financial health.
Key Players & Entities
- Plug Power Inc. (company) — Registrant
- January 16, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1-34392 (document_id) — Commission File Number
- 22-3672377 (tax_id) — IRS Employer Identification No.
- 125 Vista Boulevard, Slingerlands, New York 12159 (address) — Address of principal executive offices
FAQ
What type of material definitive agreement did Plug Power Inc. enter into?
The filing states that Plug Power Inc. entered into a material definitive agreement, creating a direct financial obligation, but does not specify the exact nature of the agreement in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 16, 2025.
Where is Plug Power Inc. incorporated?
Plug Power Inc. is incorporated in Delaware.
What is Plug Power Inc.'s principal executive office address?
Plug Power Inc.'s principal executive office is located at 125 Vista Boulevard, Slingerlands, New York 12159.
What is the Commission File Number for Plug Power Inc.?
The Commission File Number for Plug Power Inc. is 1-34392.
From the Filing
0001104659-25-005600.txt : 20250123 0001104659-25-005600.hdr.sgml : 20250123 20250123160524 ACCESSION NUMBER: 0001104659-25-005600 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250116 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250123 DATE AS OF CHANGE: 20250123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PLUG POWER INC CENTRAL INDEX KEY: 0001093691 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 223672377 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34392 FILM NUMBER: 25550133 BUSINESS ADDRESS: STREET 1: 125 VISTA BOULEVARD CITY: SLINGERLANDS STATE: NY ZIP: 12159 BUSINESS PHONE: 5187827700 MAIL ADDRESS: STREET 1: 125 VISTA BOULEVARD CITY: SLINGERLANDS STATE: NY ZIP: 12159 8-K 1 tm254135d1_8k.htm FORM 8-K false 0001093691 0001093691 2025-01-16 2025-01-16 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549    FORM  8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): January 16, 2025   Plug Power Inc. (Exact name of registrant as specified in its charter)    Delaware   1-34392   22-3672377 (State or other jurisdiction   (Commission File   (IRS Employer of incorporation)   Number)   Identification No.)           125 Vista Boulevard , Slingerlands , New York   12159 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code:  ( 518 ) 782-7700   N/A (Former name or former address, if changed since last report.)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below):    ¨    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)  ¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)  ¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))  ¨    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))    Securities registered pursuant to 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   PLUG   The Nasdaq Capital Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).    Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨             Item 1.01 Entry into a Material Definitive Agreement.    DOE Loan Guarantee Agreement, FFB Note Purchase Agreement, and FFB Promissory Note   As previously disclosed, on May 14, 2024, the U.S. Department of Energy (the ̶