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Plug Power Accelerates Reconvened Session of Special Meeting of Stockholders to Thursday, February 12, 2026

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Plug Power (NASDAQ: PLUG) moved the reconvened Special Meeting of Stockholders from February 17, 2026 to Thursday, February 12, 2026 at 4:00 p.m. ET and will hold the meeting virtually. Stockholders of record as of December 12, 2025 remain eligible to participate and vote.

Participants need a 16-digit control number to access the virtual meeting; dial-in and webcast links are provided. The company filed a definitive proxy statement and other documents with the SEC; investors are urged to read them before voting.

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News Market Reaction – PLUG

-7.14%
-7.14% Session close to close

In the Feb 12 session, PLUG declined 7.14%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -7.1% in the session following this news. A negative reaction despite this largely p...
Analysis

The stock moved -7.1% in the session following this news. A negative reaction despite this largely procedural scheduling update would fit recent trading, where governance communications and special-meeting changes often coincided with declines, such as the -4.49% move on January 29 and -9.62% on January 30. Investors have responded sensitively to signals about share authorization and charter changes, so further downside could reflect continued caution around capital-structure flexibility and voting uncertainty.

Key Figures

Share price: $1.95 Trading volume: 91,904,641 shares Authorized shares proposal: 1,500,000,000 to 3,000,000,000 +5 more
8 metrics
Share price $1.95 Pre-news price, 24h change -2.86%
Trading volume 91,904,641 shares Today vs 20-day average 107,141,686 shares
Authorized shares proposal 1,500,000,000 to 3,000,000,000 Proposed increase in authorized common shares at special meeting
Prior proposal support 84% Support of votes cast for earlier share increase proposal
Walmart warrant dilution removed 42,192,479 shares Maximum shares no longer issuable under terminated Walmart warrant
Shares represented at meeting 732,799,970 shares Quorum at January 29, 2026 special stockholder meeting
Short interest 25.02% Reported short interest as share of float
Days to cover 4.1 days Based on short interest and average trading volume

Historical Context

5 past events · Latest: Feb 04 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Feb 04 Special meeting reminder Neutral -3.8% Reminder of adjourned special meeting and participation details for stockholders.
Feb 04 Operational milestone Positive -3.8% Completion of first hydrogen fill and delivery of 32 tons RFNBO hydrogen.
Jan 30 Investor Q&A notice Neutral -9.6% Announcement of February 2 investor Q&A on special meeting proposals.
Jan 29 Meeting adjournment Neutral -4.5% Adjournment of special meeting to solicit more votes for charter changes.
Jan 27 Proxy solicitation Neutral +4.8% Call for stockholders to vote on charter amendment and share increase proposals.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent governance and special-meeting communications often coincided with negative price reactions, including a decline on positive operational hydrogen news.

Recent Company History

Over the past weeks, Plug Power focused heavily on charter and share-authorization changes, holding and then repeatedly adjourning a Special Meeting of Stockholders. Communications on January 27–30 and February 2–5 detailed efforts to secure approval for Proposals 1 and 2, with several notices about adjournments and an investor Q&A. A separate operational update on a 32-ton hydrogen delivery in Rotterdam also saw a negative reaction. Today’s announcement fits into this ongoing series of governance-related meeting updates.

Key Terms

definitive proxy statement
1 terms
definitive proxy statement regulatory
"Plug has filed a definitive proxy statement and other relevant documents with the U.S."
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Meeting Date Moved Earlier; Stockholders Encouraged to Vote and Participate Virtually

SLINGERLANDS, N.Y., Feb. 11, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, today announced that it is accelerating the reconvened session of its Special Meeting of Stockholders. The reconvened Special Meeting was previously scheduled to be held on February 17, 2026, at 4:00 p.m. Eastern Time. The Company has determined to move the reconvened Special Meeting to Thursday, February 12, 2026, at 4:00 p.m. Eastern Time. The meeting will be held in a virtual format.

Stockholders of record as of December 12, 2025, remain eligible to participate.

Join the call:

Stockholders attending the virtual meeting will be able to vote and submit questions in real time. Participants should have their 16-digit control number from their proxy materials to access the meeting.

Important Additional Information and Where to Find It

Plug has filed a definitive proxy statement and other relevant documents with the U.S. Securities and Exchange Commission (“SEC”) in connection with the Special Meeting. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND OTHER RELEVANT DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY because they contain important information about the matters to be voted on at the Special Meeting. Stockholders may obtain copies of these documents free of charge at the SEC’s website at www.sec.gov or on Plug’s website at www.plugpower.com.

Participants in the Solicitation

The Company and its directors and executive officers may be deemed to be participants in the solicitation of proxies from the Company’s stockholders in connection with the Special Meeting. Information about the Company’s directors and executive officers is outlined in the definitive proxy statement for the 2025 Annual Meeting of Stockholders, which was filed with the SEC on June 9, 2025, and information about their ownership of Plug’s stock is outlined in the definitive proxy statement for the Special Meeting filed with the SEC on December 12, 2025.

MEDIA CONTACT:
Teal Hoyos
Plug Power Inc.
Email: media@plugpower.com


FAQ

When is Plug Power's reconvened Special Meeting now scheduled and how can I join (PLUG)?

The reconvened Special Meeting is now scheduled for Thursday, February 12, 2026 at 4:00 p.m. ET. According to the company, the meeting will be virtual with a webcast link and participant dial-in numbers provided for live voting and questions.

Who is eligible to vote at the PLUG Special Meeting after the date change?

Stockholders of record as of December 12, 2025 remain eligible to vote. According to the company, eligible participants must use the 16-digit control number from their proxy materials to access the virtual meeting and vote in real time.

What materials should PLUG investors read before the February 12, 2026 Special Meeting?

Investors should read the definitive proxy statement and related SEC filings before voting. According to the company, these documents contain important details about the matters to be voted on and are available free at www.sec.gov and on the company's investor website.

How can I participate in the Plug Power virtual meeting if I don’t have internet access (PLUG)?

Dial-in participation is available via provided phone numbers for live access and questions. According to the company, participants can use the participant dial-in numbers and still vote and submit questions during the virtual meeting if they cannot access the webcast.

Does Plug Power disclose who is soliciting proxies for the Special Meeting (PLUG)?

Yes. The company and certain directors and executive officers may be participants in the proxy solicitation. According to the company, ownership and participant information is detailed in the definitive proxy statement filed with the SEC.