On February 12, 2026, Plug Power Inc. stockholders approved a charter amendment to increase authorized common shares from 1.5 billion to 3.0 billion. A separate proposal to adjust voting requirements failed to receive the required majority vote.
Key takeaways
Stockholders approved increasing authorized common shares from 1,500,000,000 to 3,000,000,000 shares.
The Charter Amendment became effective on February 12, 2026 upon filing with the Secretary of State of Delaware.
Proposal 1 to amend voting requirements failed to receive the affirmative vote of a majority of the voting power.
The Special Meeting had a quorum with 769,385,735 shares present in person or by proxy.
Proposal 2 passed with 696,657,258 votes 'For' and 66,316,964 votes 'Against'.