secwatch.observer — SEC 8-K summary
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Issuer:     PLUG POWER INC (PLUG)
CIK:        0001093691
Form:       8-K
Filed at:   2025-06-06T23:59:59+00:00
Accession:  0001104659-25-057297
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 1.01, 5.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Plug Power issues special preferred share to CEO for reverse stock split vote at July 3 meeting
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- Issued one share of Series F Mirroring Preferred Stock to CEO Andrew J. Marsh for $1,000.
- The share carries 45 billion votes, mirroring common stock vote proportion on reverse split proposal.
- Reverse stock split proposal will be voted on at annual meeting on July 3, 2025.
- The special share is non-convertible, has no other voting rights, and will be redeemed for $1,000 after the vote.
- Purpose is to secure the required stockholder vote for the reverse split without overriding common shareholder preference.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925057297/0001104659-25-057297-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925057297/tm2517253d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-057297

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