Plug Power从认购权诱导交易中筹集3.7亿美元

2025-10-08 21:15

Plug Power (NASDAQ:PLUG) on Wednesday said it has entered into a warrant inducement agreement with a single existing institutional investor for the immediate exercise of the entirety of the company’s outstanding warrants issued in March 2025 to purchase 185.43M shares of common stock at the original exercise price of $2.00 per share.
The gross proceeds to Plug Power are expected to be approximately $370 million.
Upon the immediate exercise in full of the existing warrants, the investor will receive 31M shares of common stock and in lieu of common stock, pre-funded warrants to purchase up to 154.4M shares of its common stock.
In consideration of the warrant exercise, the investor will receive new warrants to purchase a total of 185.43M shares of common stock.
The new warrants will have an exercise price of $7.75, representing a premium of approximately 100% to Plug Power’s last closing stock price on October 7, 2025.
The new warrants may be cash settled after February 28, 2026, if common stock is not then available to satisfy exercises.
The offering is expected to close on or about October 9.
If the new warrants are fully exercised on a cash basis, Plug Power has the potential to raise about $1.4 billion in additional gross proceeds.
Plug Power intends to use the net proceeds from this offering for working capital and general corporate purposes.
PLUG -5.68% premarket to $3.65.
Source: Press Release

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