---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-097766"
form_type: "8-K"
ticker: "PLUG"
cik: "0001093691"
company_name: "PLUG POWER INC"
filed_at: "2025-10-08T23:59:59+00:00"
generated_at: "2026-05-17T04:17:46.406082+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Plug Power secures ~$371M from warrant exercise; issues new warrants for up to 185M shares at $7.75

## Summary
- Investor exercises all existing warrants at $2.00/share for cash, yielding ~$371M gross proceeds.
- Company issues new warrants to purchase up to 185,430,464 shares at $7.75/share, expiring March 20, 2028.
- New warrants subject to beneficial ownership blocker of 4.99% (or up to 9.99% at holder's election).
- Company must increase authorized shares for warrant exercise; otherwise cash settlement after Feb 28, 2026.
- Net proceeds to be used for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001104659-25-097766
- form_type: 8-K
- ticker: PLUG
- cik: 0001093691
- company_name: PLUG POWER INC
- filed_at: 2025-10-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1093691/000110465925097766/0001104659-25-097766-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1093691/000110465925097766/tm2528283d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-097766
- JSON: https://secwatch.observer/filing/0001104659-25-097766.json
- Plain text: https://secwatch.observer/filing/0001104659-25-097766.txt

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