Plug Power Inc. Files 8-K with Material Agreements
Ticker: PLUG · Form: 8-K · Filed: 2025-02-10T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, equity-sale, financials
TL;DR
Plug Power filed an 8-K on Feb 10, 2025, covering material agreements and equity sales.
AI Summary
On February 10, 2025, Plug Power Inc. filed an 8-K report detailing a material definitive agreement and unregistered sales of equity securities. The filing also included financial statements and exhibits, indicating ongoing business activities and potential equity transactions for the company.
Why It Matters
This filing signals significant corporate actions by Plug Power Inc., potentially impacting its financial structure and operational agreements.
Risk Assessment
Risk Level: medium — The filing mentions unregistered sales of equity securities, which can sometimes indicate financial pressure or dilution for existing shareholders.
Key Players & Entities
- Plug Power Inc. (company) — Registrant
- February 10, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 1-34392 (commission_file_number) — SEC File Number
- 22-3672377 (irs_number) — IRS Employer Identification No.
- 125 Vista Boulevard (address) — Address of principal executive offices
- Slingerlands (city) — City of principal executive offices
- New York (state) — State of principal executive offices
- 12159 (zip_code) — Zip code of principal executive offices
- 5187827700 (phone_number) — Registrant's telephone number
FAQ
What specific material definitive agreement was entered into by Plug Power Inc. on or before February 10, 2025?
The filing indicates the entry into a material definitive agreement, but the specific details of this agreement are not provided in the provided text excerpt.
What type of equity securities were sold in the unregistered sales reported by Plug Power Inc.?
The filing mentions unregistered sales of equity securities, but the specific type of securities is not detailed in the provided text.
What is the primary business of Plug Power Inc. based on its SIC code?
Plug Power Inc.'s Standard Industrial Classification (SIC) code is 3620, which corresponds to ELECTRICAL INDUSTRIAL APPARATUS.
When is Plug Power Inc.'s fiscal year end?
Plug Power Inc.'s fiscal year ends on December 31st.
What is the SEC file number for Plug Power Inc.?
The SEC file number for Plug Power Inc. is 001-34392.
From the Filing
0001104659-25-010760.txt : 20250210 0001104659-25-010760.hdr.sgml : 20250210 20250210082102 ACCESSION NUMBER: 0001104659-25-010760 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250210 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250210 DATE AS OF CHANGE: 20250210 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: 25603733 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 tm255837d1_8k.htm FORM 8-K false 0001093691 0001093691 2025-02-10 2025-02-10 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): February 10, 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.   On February 10, 2025, Plug Power Inc. (the “Company”) entered into that certain Standby Equity Purchase Agreement (the “Purchase Agreement”) with YA II PN, LTD, an investment fund managed by Yorkville Advisors Global, LP.