As previously disclosed on March 19, Plug Power (PLUG) said it sold warrants to purchase 185.43M shares of its common stock, pursuant to an underwriting agreement with Oppenheimer. The warrants have an exercise price per share $2.00 and will expire on March 20, 2028. Plug Power today filed a prospectus supplement to the new registration statement to register for resale the shares of stock that may be issuable upon exercise of the warrants.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLUG:
- Plug Power Stock Jumps 55% in Eight Days, But No One Knows Why. Is it a Short Squeeze?
- Unusually active option classes on open September 19th
- Unusually active option classes on open September 18th
- Climb Aboard Plug Power? Here’s What This Top Investor Thinks
- Plug Power management to meet with Craig-Hallum