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Plug Power Successfully Raises $370 Million From Warrant Inducement Transaction With the Potential to Receive an Additional $1.4 Billion in Gross Proceeds if New Warrants are Fully Exercised

Warrant Exercise by Existing Institutional Investor Improves Plug Power's Financial Position and Accelerates Its Growth InitiativesSLINGERLANDS, N.Y., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG) (“Plug Power” or the “Company”), a global leader in comprehensive hydrogen solutions for the hydrogen economy announced that 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 wa ...