Seeking Alpha

Plug Power announces stock offering, shares -11.2% AH

  • PLUG hasn't yet disclosed the offering's size. The company only says it will use the proceeds for "general corporate purposes, which may include capital expenditures." (PR)
  • Plug had $8M in cash/investments on its balance sheet as of June 30, and $1.6M in debt. The fuel cell maker has been bleeding cash for a long time.
Comments (1)
  • don55
    , contributor
    Comments (115) | Send Message
     
    bloody crooks
    10 Sep 2013, 09:47 PM Reply Like
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