Highest-materiality recent filing
Plug Power shareholders approve 25M share increase in 2021 Plan, re-elect all Class III directors
Shareholders approved amendment to 2021 Plan, increasing authorized shares by 25M to 116.4M (433M for, 36M against).
Plug Power holds annual meeting; no material new info disclosed in presentation
Annual meeting held June 11, 2026 via webcast; CEO Jose Luis Crespo presented.
Director Kavita Mahtani resigns from Plug Power board, effective June 11, 2026
Kavita Mahtani, Class I director and member of Audit and Strategy & Financing Committees, resigned effective June 11, 2026.
Plug Power Q1 2026: revenue $163.5M (+22% YoY), adjusted EPS ($0.08) vs ($0.17)
Revenue $163.5M, +22% YoY; GAAP gross margin improved 42pp to (13%) from (55%).
Plug Power appoints CEO Jose Luis Crespo as Class III director
Jose Luis Crespo joined the Board as a Class III director effective March 4, 2026.
Plug Power reports Q4 revenue $225M, positive gross margin; appoints Jose Luis Crespo as CEO
Full year 2025 revenue ~$710M (+12.9% YoY); Q4 revenue $225.2M (+17.6% YoY, +27.2% QoQ).
Plug Power signs $132.5M-$142M asset sale to Stream Data Centers, first step of $275M liquidity plan
Sale of Project Gateway site in New York for gross proceeds of at least $132.5M, up to $142M depending on conditions; $6M deposit from Stream.
Plug Power shareholders approve doubling authorized shares to 3B; voting-rights amendment fails
Approved Charter Amendment increasing authorized common stock from 1.5B to 3.0B shares, effective Feb 12, 2026.
Plug Power accelerates special meeting to Feb 12, 2026
Special meeting originally set Jan 29, adjourned to Feb 5 then Feb 17; now moved to Feb 12 at 4:00 PM ET.
Proposal 1 (adjust voting requirements) received ~39.63% in favor; insufficient to approve.
Plug Power stockholders approve increase in authorized shares to 3B; meeting adjourned to Feb 5
Proposal 2 passed with 652.9M for, increasing authorized common shares from 1.5B to 3B.
Plug Power and Walmart enter license agreement; Walmart terminates 42.2M share warrant
Walmart terminates 2017 warrant covering 42,192,479 shares (all vested and unvested), eliminating future dilution.
Plug Power reschedules special shareholder meeting to Jan 29, 2026
Special meeting date postponed from Jan 15, 2026 to Jan 29, 2026.
Aggregate principal $431.25M (upsized from $375M via full greenshoe); net proceeds $399.4M after discounts and expenses.
Plug Power CEO Andy Marsh to transition to Jose Luis Crespo effective March 2026
CEO Andy Marsh preparing to hand over role to President & CRO Jose Luis Crespo in March 2026.
Plug Power expects >$275M liquidity boost; monetizes electricity rights for data center partnership
Expects >$275M liquidity improvement from asset monetization, restricted cash release, and expense reductions.
Plug Power Q3 revenue $177M, adjusted EPS loss narrows to $0.12, cash burn improves 49%
Revenue $177M; GenEco electrolyzer revenue ~$65M (+46% seq, +13% YoY).
Plug Power secures ~$371M from warrant exercise; issues new warrants for up to 185M shares at $7.75
Investor exercises all existing warrants at $2.00/share for cash, yielding ~$371M gross proceeds.
Plug Power names Jose Luis Crespo as President and future CEO; Shrestha departs
Sanjay Shrestha resigns as President effective Oct 10, 2025; no disagreement cited.
Plug Power adds Yorkville Securities as ATM sales agent under $1B equity program
On Sept 29, 2025, Plug Power entered Amendment No. 4 to its ATM Sales Agreement, adding Yorkville Securities, LLC as an additional sales agent.
Plug Power files prospectus supplement to register 185M shares underlying outstanding warrants
Warrants to purchase 185,430,464 shares at $2.00 per share, expiring March 20, 2028, were issued in March 2025.
Plug Power extends ATM sales agreement term to Aug 2027
Amendment No. 3 extends the Sales Agreement with B. Riley until Aug 15, 2027 or until all $1.0 billion shares are sold.
Plug Power Q2 2025 earnings call held; exhibit lacks financial data
Conference call held August 11, 2025 to discuss Q2 results; only introductory portion of transcript provided.
Plug Power Q2 revenue $174M (+21% YoY); sees gross margin breakeven in Q4 2025
Revenue of $174M (+21% YoY) driven by GenDrive, GenFuel, and GenEco; electrolyzer revenue tripled to ~$45M.
Plug Power shareholders approve reverse stock split; reject increase in authorized shares
Reverse stock split (1:5 to 1:200) approved with ~27.0B votes, including 45B preferred votes.
Plug Power issues warrant for 31.5M shares at $1.37 to investor
Issued warrant to YA II PN, Ltd. for 31,500,000 shares of common stock at an exercise price of $1.37.
Plug Power discusses impact of new 'One Big Beautiful Bill Act' on business
Company held investor update on July 7, 2025 to discuss H.R. 1 (One Big Beautiful Bill Act) signed into law.
Plug Power holds 2025 annual meeting; presentation includes no new financial disclosures
CEO Andrew J. Marsh gave general corporate overview at annual meeting.
Plug Power issues special preferred share to CEO for reverse stock split vote at July 3 meeting
Issued one share of Series F Mirroring Preferred Stock to CEO Andrew J. Marsh for $1,000.
Plug Power Q1 revenue $133.7M (+11% YoY), gross margin improves; Louisiana plant online
Revenue $133.7M vs $120.3M YoY; gross margin loss improves from -132% to -55%.
Plug Power secures $525M credit facility, reports preliminary Q1 revenue ~$130-134M
Enters secured debt facility with Yorkville for up to $525M; initial $210M tranche to close May 2, 2025, at 15% interest.
Plug Power launches $267M equity offering of shares and warrants at $1.51/unit
46.5M shares + 138.9M pre-funded warrants + 185.4M common warrants offered at $1.51/unit.
CEO Andrew Marsh elects 50% of 2025 compensation in Plug Power common stock
Andrew Marsh made an irrevocable election to receive 50% of his 2025 base salary and annual cash bonus in shares.
Plug Power reports Q4 revenue $191.5M, massive $971.3M impairment, launches Project Quantum Leap
Q4 revenue $191.5M; gross margin loss of 122% including $104.2M inventory adjustments and $22.7M warrant charges.
Maximum aggregate gross proceeds of $1.0B; daily advance cap of $10.0M.
Plug Power secures DOE loan guarantee up to $1.66B; initial $387.6M for Texas hydrogen plant
DOE loan guarantee of up to $1.66B to finance up to six green hydrogen production facilities.
Plug Power closes $1.66B DOE loan guarantee for up to six hydrogen production plants
Closed $1.66B loan guarantee from DOE Loan Programs Office to finance up to six zero/low-carbon hydrogen plants in the U.S.
Plug Power CRO Jose Luis Crespo to speak at Jefferies clean energy conference Dec 4
Chief Revenue Officer Jose Luis Crespo will participate in a fireside chat on December 4, 2024 at 11:00 AM EST.
Plug Power CFO Paul B. Middleton signs new employment agreement; receives retention grant
CFO Paul B. Middleton new employment agreement; base salary $600,000, term through Nov 19, 2026.
Plug Power appoints Sanjay Shrestha President; provides 2025 guidance and 2030 targets
Sanjay Shrestha appointed President (effective Nov 13, 2024); Andrew Marsh remains CEO.
Plug Power raises $190M via $200M convertible debenture at 6% interest, conversion at $2.90
Issued $200M unsecured convertible debenture to YA II PN Ltd.; net proceeds $190M, close Nov 12.
Plug Power Q3 EPS loss $0.25, revenue $173.7M; margins improve, electrolyzer sales up 285% QoQ
Q3 revenue $173.7M; net loss $211.2M ($0.25 EPS) vs Q2 net loss $262.3M ($0.36 EPS).
Plug Power raises $190M via convertible debenture; up to 125M shares registrable for resale
Plug Power issued $200M unsecured convertible debenture to a selling stockholder; net proceeds $190M.
Plug Power amends at-market sales agreement, adds $375M capacity and principal purchase option
As of Nov 7, 2024, Plug had sold ~$677M of stock under the existing $1B facility.
Plug Power to host 2024 Plug Symposium on November 13, 2024
Symposium titled 'Plug Doing Real Things' streaming live Nov 13, 2024, 9am-1pm ET.
Plug Power to present at Wolfe Research Clean Energy Conference on Oct 1
Jose Luis Crespo, General Manager Applications, will participate in a panel on clean energy on Oct 1, 2024 from 8:50-9:40 AM EST.
Plug Power to present at H.C. Wainwright conference on Sept 10
Jose Luis Crespo, General Manager Applications, to present at 9:00 AM ET on September 10, 2024.
Plug Power completes SEC settlement undertakings, remediates material weaknesses
Certified with SEC on Aug. 30, 2024 that all 2023 settlement undertakings are complete.
Plug Power appoints Colin Angle, former iRobot CEO, to board of directors
Colin Angle appointed as Class III director effective August 16, 2024, to serve until 2026 annual meeting.
Plug Power Q2 rev $143.4M, net loss $262.3M; FY2024 guidance $825M-$925M
Q2 rev $143.4M, net loss $262.3M ($0.36 EPS); ~$86M non-cash charges.
On June 2, 2026, Kavita Mahtani, a Class I director of the Board of Directors (the “Board”) of Plug Power Inc. (the “Company”), and member of the Board’s Audit Committee and Strategy & Financing Committee, notified the Company of her decision to resign from the Board effective as of June 11, 2026.
On November 13, 2024, Plug Power Inc., a Delaware corporation (the “Company”), announced that Sanjay K. Shrestha has been appointed to serve as the Company’s President, effective November 13, 2024.
On August 16, 2024, the Board of Directors (the “Board”) of Plug Power Inc. (the “Company”) appointed Colin Angle as a director of the Company.
On July 29, 2024, Dean C. Fullerton was appointed as the Chief Operating Officer of Plug Power Inc.
On July 10, 2023, the Board appointed Patrick Joggerst and Mark J. Bonney as directors of the Company to fill the vacancies created by the departure by Ms. Bua and Mr. Silver.
On July 10, 2023, the Board appointed Patrick Joggerst and Mark J. Bonney as directors of the Company to fill the vacancies created by the departure by Ms. Bua and Mr. Silver.
On July 10, 2023, Jonathan M. Silver, a Class III director of the Board and member of the Board’s Nominating and Corporate Governance Committee and Regulatory Affairs Committee, notified the Company of his decision to resign from the Board effective immediately.
On July 5, 2023, Jean A. Bua, a Class II director of the Board of Directors (the “Board”) of Plug Power Inc. (the “Company”), and Chair of the Board’s Audit Committee, notified the Company of her decision to resign from the Board effective immediately.
On May 10, 2023, Lucas P. Schneider, a Class III director on the Board of Directors (the “Board”) of Plug Power, Inc. (the “Company”), and a member of the Board’s Corporate Governance and Nominating Committee, notified the Company of his decision not to stand for reelection at the Company’s 2023 annual meeting of stockholders (the “Annual Meeting”).
On April 1, 2023, Plug Power Inc. (the “Company”) and Dirk Ole Hoefelmann mutually agreed that Mr. Hoefelmann would resign as General Manager, Electrolyzers and Executive Vice President of the Company effective immediately to pursue other interests.
On July 26, 2022, Kimberly A. Harriman, a Class III director of the Board of Directors (the “Board”) of Plug Power Inc. (the “Company”), and a member of the Company’s Audit Committee of the Board, notified the Company of her decision to resign from the Board effective immediately.
The Board of Directors (the “Board”) of Plug Power Inc. (the “Company”) approved, effective as of April 14, 2022, an increase in the size of the Board from ten directors to twelve directors and appointed Jean Bua and Kavita Mahtani as directors of the Company to fill the newly created vacancies.
Max materiality 0.85 · Median 0.65 · Most common event other_material