Plug Power (PLUG) Prices 38M Share Common Upsized Offering at $22.50/Sh
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Plug Power Inc. Announces Pricing of Upsized Public Offering of Common Stock
November 16, 2020 8:40 PM ESTLATHAM, N.Y., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Plug Power Inc. (Plug Power) (NASDAQ: PLUG), a leader in providing clean, reliable energy solutions, today announced the pricing of an upsized offering of 38,000,000 shares of its common stock at a price to the public of $22.25 per share. Plug Power has granted the underwriters a 30-day option to purchase up to an additional 5,700,000 shares at the public offering price, less the underwriting discount. The offering is expected to close on or about November 19, 2020, subject to satisfaction of customary closing conditions. Morgan Stanley is acting as sole book-running... More
