REMINDER: Plug Power to Hold Adjourned Special Meeting of Stockholders Tomorrow February 5, 2026
Rhea-AI Summary
Plug Power (NASDAQ: PLUG) reminds stockholders that the adjourned Special Meeting of Stockholders will be held on Thursday, February 5, 2026 at 10:00 a.m. ET as a virtual meeting. Stockholders of record as of December 12, 2025 are eligible to participate, vote, and submit questions in real time.
Access requires a 16-digit control number; proxy materials and the definitive proxy statement are available free at www.sec.gov and www.plugpower.com.
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News Market Reaction
On the day this news was published, PLUG declined 3.76%, reflecting a moderate negative market reaction. Argus tracked a trough of -4.8% from its starting point during tracking. Our momentum scanner triggered 17 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $106M from the company's valuation, bringing the market cap to $2.71B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Sector peers show mixed dynamics: ENR, ELVA, FCEL, LTBR and AMPX all showed gains earlier in the day, while momentum scanner data highlights several related names with sharp downside moves (median about -15%) and one notable upside move. This points to broader volatility across related electrical and energy-storage names rather than a clearly uniform sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 30 | Q&A town hall | Negative | -9.6% | Investor Q&A scheduled to address special meeting proposals and reverse split contingency. |
| Jan 29 | Meeting adjournment | Negative | -4.5% | Adjournment of special meeting to gather more votes on charter and share proposals. |
| Jan 27 | Proxy solicitation push | Positive | +4.8% | Company urging support for charter change and doubling authorized shares to 3B. |
| Jan 23 | Project milestone | Positive | -3.5% | Completion of 100 MW electrolyzer installation at Galp’s Sines refinery in Europe. |
| Jan 20 | Reddit AMA announcement | Negative | -2.1% | Reddit AMA on special meeting proposals, authorized share increase and reverse split fallback. |
Recent governance and capital-structure communications around the special meeting often coincided with negative price reactions, while a major project installation update also saw a selloff despite operational progress.
Over the past weeks, Plug Power has focused investors on governance and capital structure changes tied to its special meeting, including proposals to amend its charter and increase authorized common shares, with prior communications often followed by share price declines. Alongside this, the company reported completion of 100 MW electrolyzer installation at Galp’s Sines refinery and highlighted a multi‑gigawatt opportunity funnel, yet that operational milestone also saw a negative reaction. Today’s reminder fits into this ongoing effort to secure stockholder approval.
Market Pulse Summary
This announcement reiterates logistics for Plug Power’s adjourned Special Meeting on February 5, 2026 and urges stockholders of record as of December 12, 2025 to participate via the virtual platform. It follows several weeks of communications about charter and share-authorization proposals. Investors tracking this story may focus on final voting outcomes, any follow‑up governance steps, and how the capital structure evolves relative to recent operational milestones and insider transactions.
Key Terms
special meeting of stockholders regulatory
definitive proxy statement regulatory
u.s. securities and exchange commission regulatory
proxy materials financial
AI-generated analysis. Not financial advice.
Stockholders Encouraged to Vote and Participate in Virtual Meeting
SLINGERLANDS, N.Y., Feb. 04, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the hydrogen economy, reminds stockholders that its previously announced Special Meeting of Stockholders will be held tomorrow, Thursday, February 5, 2026 at 10:00 a.m. Eastern Time.
Stockholders of record as of December 12, 2025 remain eligible to participate.
Join the call:
- Thursday, February 5, 2026
- 10:00 a.m. Eastern Time
- Virtual meeting: https://east.virtualshareholdermeeting.com/vsm/web?pvskey=PLUG2026SM
- Dial-In Access: Participant Dial-In Number: 1 (888) 450-5216 / Participant International Dial-In: 1 (929) 209-7680
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