Plug Power raises $190M via convertible debenture; up to 125M shares registrable for resale

PLUG POWER INC

Plug Power issued $200M unsecured convertible debenture to a selling stockholder; net proceeds $190M.
Up to 125M shares of common stock may be issued upon conversion of the debenture.
Debenture Purchase Agreement dated Nov 11, 2024; closing includes customary conditions.
Prospectus supplement filed to register resale of conversion shares; Goodwin Procter legal opinion attached.

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