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Stock impact report

Plug Power Inc. Announces Pricing of Public Offering of Common Stock

Plug Power, Inc. (PLUG) 
Last plug power, inc. earnings: 3/5 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.plugpower.com/home/default.aspx
Company Research Source: GlobeNewswire
LATHAM, N.Y., Dec. 05, 2019 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ:PLUG), a leader in providing clean, reliable energy solutions, today announced that it has priced an underwritten public offering of 40 million shares of its common stock, at a price of $2.75 per share for expected gross proceeds of $110 million. In addition, Plug Power has granted the underwriters a 30-day option to purchase up to an additional 6 million shares of its common stock.  The closing is expected to occur on or about December 10, 2019, subject to customary closing conditions. Morgan Stanley and Barclays are acting as joint book-running managers for the offering and Oppenheimer & Co., Canaccord Genuity, Craig-Hallum Capital Group and Roth Capital Partners are acting as co-managers for the offering. Plug Power intends to use the net proceeds from the offering for working capital and other general corporate purposes, including capital expenditures. The securities described are being offered by Plug Po Show less Read more
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