NasdaqCM:PLUGElectrical
Plug Power Balances Share Dilution Risks Lawsuits And European Project Progress
Plug Power shareholders approved a significant increase in the company’s authorized share count, giving management more flexibility to raise capital.
The company is facing multiple class action lawsuits alleging misleading statements about access to Department of Energy loan funds and hydrogen facility construction.
Plug Power reported recent operational progress in Europe, including the first hydrogen fill of a large pipeline in Rotterdam and installation of an electrolyzer system in...