---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-115469"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2024-11-08T23:59:59+00:00"
generated_at: "2026-05-30T02:41:30.789649+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-115469
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2024-11-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465924115469/0001104659-24-115469-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465924115469/tm2427681d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-115469
- JSON: https://secwatch.observer/filing/0001104659-24-115469.json
- Plain text: https://secwatch.observer/filing/0001104659-24-115469.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.