Plug Power Nets $399 Million in Cash Following Successful Financing; Eliminates First Lien and Fully Funds Current Business Plan
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
SLINGERLANDS, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced the successful closing of the previously announced offering of $375 million aggregate principal amount of 6.75% convertible notes due 2033, including the full exercise of the initial purchasers’ option to purchase an additional $56.25 million aggregate principal amount of the notes, resulting in a total aggregate principal amount of $431.25 million. Plug received total net proceeds from the offering of approximately $399.4 million, after deducting the initial purchasers’ discount and estimated offering expenses. The proceeds allow Plug to retire all remaining high-cost 15% debt, refinance its 2026 convertible notes, and eliminate the first lien previously held by its former debt provider. These actions significantly reduce interest expense, simplify Plug’s capital structure, and enhance financial flexibil
Show less
Read more
Impact Snapshot
Event Time:
PLUG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PLUG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PLUG alerts
High impacting Plug Power, Inc. news events
Weekly update
A roundup of the hottest topics
PLUG
News
- Plug Power Inc. (PLUG): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Plug Power Signs Letter of Intent with Hy2gen for 5MW PEM Electrolyzer Supporting France’s Hydrogen Roadmap at Sunrhyse Green Hydrogen ProjectGlobeNewswire
- Plug Executive Leadership to Participate in Investor Conferences in New York CityGlobeNewswire
- Plug to Participate in the Asia-Pacific Investor Call with J.P. MorganGlobeNewswire
- Why Plug Power (PLUG) Stock Is Up Today [Yahoo! Finance]Yahoo! Finance
PLUG
Earnings
- 11/10/25 - Beat
PLUG
Sec Filings
- 12/5/25 - Form 8-K
- 12/3/25 - Form 4
- 12/3/25 - Form DEFA14A
- PLUG's page on the SEC website