Plug Power amends at-market sales agreement, adds $375M capacity and principal purchase option

PLUG POWER INC

As of Nov 7, 2024, Plug had sold ~$677M of stock under the existing $1B facility.
Amendment No. 2 adds ~$375M in gross sales price, restoring total capacity to $1B.
Company may direct B. Riley to purchase up to $11M/day and $55M/week on principal basis through Feb 7, 2025.
After Feb 8, 2025, if market cap <$1B, daily cap drops to $10M and weekly cap to $30M.
Right to direct principal purchases extended to Dec 31, 2025; B. Riley gets up to $25K legal fee reimbursement.

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