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REMINDER: Plug Power to Hold Adjourned Special Meeting of Stockholders Tomorrow February 5, 2026
Globenewswire· 2026-02-04 20:52
Core Viewpoint - Plug Power Inc. is reminding stockholders about the upcoming Special Meeting scheduled for February 5, 2026, at 10:00 a.m. Eastern Time, emphasizing the importance of participation and voting [1]. Group 1: Meeting Details - Stockholders of record as of December 12, 2025, are eligible to participate in the virtual meeting [2]. - Attendees will have the ability to vote and submit questions in real time, requiring a 16-digit control number from their proxy materials for access [3]. - The virtual meeting can be accessed via a specific link and includes dial-in options for participants [6]. Group 2: Proxy Information - Plug Power has filed a definitive proxy statement and other relevant documents with the U.S. Securities and Exchange Commission (SEC) regarding the Special Meeting, urging stockholders to read these documents carefully for important voting information [4]. - The company and its directors may be considered participants in the solicitation of proxies, with details about their ownership and roles outlined in the definitive proxy statements filed with the SEC [5].
PLUG Investors Have Opportunity to Lead Plug Power Inc. Securities Fraud Lawsuit with the Schall Law Firm
Businesswire· 2026-02-04 20:10
LOS ANGELES--(BUSINESS WIRE)---- $PLUG--PLUG Investors Have Opportunity to Lead Plug Power Inc. Securities Fraud Lawsuit with the Schall Law Firm. ...
Rosen Law Firm Urges Plug Power Inc. (NASDAQ: PLUG) Stockholders to Contact the Firm for Information About Their Rights
Businesswire· 2026-02-04 19:16
Group 1 - The Rosen Law Firm has announced a class action lawsuit on behalf of purchasers of securities of Plug Power Inc. for the period between January 17, 2025, and November 13, 2025 [1] - The lawsuit alleges that Plug Power misled investors regarding its business operations, specifically concerning the availability of funds from the U.S. Department of Energy and the construction of hydrogen production facilities [2][3] - The lawsuit claims that Plug Power overstated the likelihood of receiving government funds and indicated a potential pivot to less ambitious projects, leading to materially false and misleading public statements [3] Group 2 - Shareholders interested in serving as lead plaintiffs must file motions with the court by April 3, 2026, and can remain absent class members if they choose not to participate [4] - Rosen Law Firm operates on a contingency fee basis, meaning shareholders incur no fees or expenses unless the case is won [5] - The firm is recognized for its commitment to shareholder rights litigation and has recovered over $1 billion for shareholders since its inception [6]
UPCOMING DEADLINE: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Plug Power
Globenewswire· 2026-02-04 19:01
Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Plug Power Inc. due to allegations of violations of federal securities laws, particularly concerning misleading statements about funding and project viability [4][6]. Group 1: Legal Investigation and Class Action - The firm is reminding investors of the April 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action against Plug Power [4]. - Investors who suffered losses in Plug Power between January 17, 2025, and November 13, 2025, are encouraged to contact the firm to discuss their legal rights [4][6]. Group 2: Allegations Against Plug Power - The complaint alleges that Plug Power and its executives made false statements regarding the availability of funds from the DOE Loan and the company's ability to construct necessary hydrogen production facilities [6]. - It is claimed that Plug Power was likely to pivot towards less ambitious projects, which was not disclosed to investors, leading to materially false public statements [6]. Group 3: Executive Changes and Market Reaction - On October 7, 2025, Plug Power announced the resignation of CEO Andrew Marsh and President Sanjay Shrestha, with the appointment of Jose Luis Crespo as their successor, which negatively impacted investor sentiment [7]. - Following the announcement of executive changes, Plug Power's stock price fell by $0.26 per share, or 6.29%, closing at $3.87 [8]. - On November 10, 2025, Plug Power reported a significant pivot in strategy, announcing the suspension of activities under the DOE loan program, which had not been previously disclosed [9][10]. Group 4: Financial Results and Further Declines - The company reported expectations of generating over $275 million in liquidity from a partnership with a major U.S. data center developer, which led to the suspension of DOE loan activities [9]. - Following the announcement of the suspension of plans to construct hydrogen facilities, Plug Power's stock price fell by $0.48 per share, or 17.58%, closing at $2.25 [11].
Bronstein, Gewirtz & Grossman LLC Urges Plug Power Inc. Investors to Act: Class Action Filed Alleging Investor Harm
Globenewswire· 2026-02-04 17:00
NEW YORK, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Plug Power Inc. (NASDAQ: PLUG) and certain of its officers. This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Plug Power securities between January 17, 2025 and November 13, 2025, both ...
INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Plug Power Inc. (PLUG) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm
Globenewswire· 2026-02-04 15:51
Core Viewpoint - A shareholder class action lawsuit has been filed against Plug Power Inc. alleging false and misleading statements regarding the company's business and operations, particularly concerning the Department of Energy Loan and the construction of hydrogen production facilities [1] Group 1: Allegations - The lawsuit claims that defendants overstated the likelihood of funds from the Department of Energy Loan becoming available to Plug Power [1] - It is alleged that Plug Power may pivot towards more modest projects with less commercial upside due to these misrepresentations [1] Group 2: Legal Information - Shareholders who purchased Plug Power shares between January 17, 2025, and November 13, 2025, and experienced significant losses are encouraged to discuss their legal rights [2] - The deadline to request to be appointed as lead plaintiff in the case is April 3, 2026 [3]
Plug Power Powers Up Rotterdam Pipeline With First Hydrogen Delivery - Plug Power (NASDAQ:PLUG)
Benzinga· 2026-02-04 12:43
Core Insights - Plug Power Inc. has completed the first hydrogen fill for Hynetwork's 32-kilometer pipeline in Rotterdam, marking a significant advancement in European hydrogen infrastructure [1] - The project emphasizes Plug Power's comprehensive hydrogen platform capabilities and its role as a key player in Europe's hydrogen economy [2] - The company's operations in Rotterdam and its strategic partnerships enhance the reliability of hydrogen supply chains, supporting industrial decarbonization and energy security [3] Company Developments - Plug Power successfully delivered 32 tons of RFNBO-certified renewable green hydrogen through the new pipeline [4] - The company previously delivered 44 tons of hydrogen for the H2CAST project in Germany, showcasing its delivery capabilities [3][4] - Plug Power's fleet includes 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen, enhancing its transport capacity [4]
Plug Power Completes First Hydrogen Fill for Hynetwork’s Important Segment in Rotterdam with Delivery of 32 Tons of RFNBO Hydrogen and Custom Infrastructure
Globenewswire· 2026-02-04 12:00
Core Insights - Plug Power Inc. has completed the first hydrogen fill of Hynetwork's 32-kilometer hydrogen pipeline in Rotterdam, supplying 32 tons of RFNBO-certified renewable green hydrogen, marking a significant advancement in Europe's hydrogen infrastructure [1][3][5] Group 1: Project Overview - Hynetwork, a subsidiary of Gasunie, is implementing the hydrogen network in the Netherlands, connecting port and industrial demand centers, and aims to integrate into a broader European hydrogen transport system [2] - The Rotterdam segment is the first major part of the Netherlands' national hydrogen network, contributing to industrial decarbonization and energy security while enabling large-scale clean hydrogen transport [3][4] Group 2: Plug Power's Role - Plug Power was awarded the public tender for the project, showcasing its capability to meet complex requirements through a custom-engineered unloading infrastructure [3][5] - The company has demonstrated its hydrogen delivery capabilities in Europe, previously delivering over 44 tons of renewable hydrogen to the H2CAST project in Germany [4] Group 3: Infrastructure and Logistics - Plug is supplying hydrogen from Hy2Gen's RFNBO-certified Atlantis facility, utilizing a fleet of 40-ft MEGC trailers, each capable of transporting over 1,000 kg of compressed hydrogen [6] - This vertically integrated approach ensures a continuous and reliable supply during the commissioning period, highlighting Plug's position as a leading provider of full-stack hydrogen solutions in Europe [6] Group 4: Market Impact - The commissioning of the Rotterdam pipeline is seen as a major step towards realizing the hydrogen network, instilling market confidence in the availability of a reliable transport solution [5] - The project emphasizes Plug's end-to-end hydrogen platform, which includes certified green hydrogen supply, logistics, custom engineering, and on-site execution [5]
Plug Power Inc. (PLUG): A Bull Case Theory
Insider Monkey· 2026-02-04 02:33
Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] Industry Overview - Wall Street is investing hundreds of billions into AI technologies, but there is a critical question regarding the energy supply needed to sustain this growth [2] - AI technologies, particularly data centers for large language models, consume vast amounts of electricity, comparable to the energy needs of small cities [2] - The energy demands of AI are expected to increase, leading to potential strain on power grids and rising electricity prices [2] Company Insights - A specific company is highlighted as a key player in the energy infrastructure necessary for the AI boom, owning critical assets that will benefit from the increasing demand for electricity [3][7] - This company is positioned to profit from the surge in AI-related energy consumption, making it a unique investment opportunity [3][6] - The company is debt-free and has significant cash reserves, equating to nearly one-third of its market capitalization, which positions it favorably compared to other firms in the sector [8] Strategic Positioning - The company plays a vital role in U.S. LNG exportation and is well-placed to capitalize on the "America First" energy policy [7] - It is involved in large-scale engineering, procurement, and construction projects across various energy sectors, including nuclear energy, which is seen as a future source of clean power [7][8] Market Sentiment - There is growing interest from hedge funds in this company, which is considered undervalued and off the radar compared to other AI and energy stocks [9][10] - The company is trading at less than 7 times earnings, indicating a potential for significant upside as the market begins to recognize its value [10] Future Outlook - The convergence of AI, energy infrastructure, and onshoring trends presents a unique investment landscape, with the potential for substantial returns in the coming years [14][15]
Investor Notice: Shareholder Rights Law Firm Robbins LLP Informs Investors of the Plug Power Inc. Securities Class Action Lawsuit
Businesswire· 2026-02-04 00:11
Group 1 - A class action lawsuit has been filed against Plug Power Inc. for allegedly misleading investors about its ability to receive and utilize a $1.66 billion loan from the U.S. Department of Energy (DOE) [1] - The lawsuit covers investors who purchased Plug Power securities between January 17, 2025, and November 13, 2025, and claims that the company overstated the likelihood of accessing the DOE loan funds [1] - Following the announcement of financial results on November 10, 2025, Plug Power's stock price fell by $0.09 per share, or 3.39%, closing at $2.53 per share [1] - On November 13, 2025, it was reported that Plug Power suspended its plans to construct six hydrogen production facilities, leading to a further decline in stock price by $0.48 per share, or 17.58%, closing at $2.25 per share [1] Group 2 - Robbins LLP is also involved in class action lawsuits for other companies, including Picard Medical, Inc. and Richtech Robotics Inc., indicating a broader trend of shareholder litigation in various sectors [2]