- 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.
Plug Power announces stock offering, shares -11.2% AH
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About PLUG Stock
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Symbol | Last Price | % Chg |
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PLUG | - | - |
Plug Power Inc. |