secwatch.observer — SEC 8-K summary
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Issuer:     PLUG POWER INC (PLUG)
CIK:        0001093691
Form:       8-K
Filed at:   2025-07-09T23:59:59+00:00
Accession:  0001104659-25-066527
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Plug Power shareholders approve reverse stock split; reject increase in authorized shares
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- Reverse stock split (1:5 to 1:200) approved with ~27.0B votes, including 45B preferred votes.
- Authorized share increase (1.5B to 3B shares) failed; 415.9M for votes, but needed majority outstanding.
- Class vote amendment and officer exculpation amendment both failed to get required majority.
- Directors Bonney, Kenausis, McNamee re-elected; 2021 Plan amendment (40M shares) approved.
- Deloitte ratified as auditor; non-binding say-on-pay advisory vote approved.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925066527/0001104659-25-066527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1093691/000110465925066527/tm2520053d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-066527

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