other material
confidence high
sentiment neutral
materiality 0.60
Plug Power shareholders approve doubling authorized shares to 3B; voting-rights amendment fails
PLUG POWER INC
- Approved Charter Amendment increasing authorized common stock from 1.5B to 3.0B shares, effective Feb 12, 2026.
- Proposal to adjust voting requirements under DGCL Section 242(d)(2) did not receive required majority of outstanding shares.
- For Proposal 2: 696,657,258 for, 66,316,964 against, 6,411,513 abstain; no broker non-votes.
- Quorum of 769,385,735 shares (33.3%+ of outstanding) was present at the Special Meeting.