The Daily Gazette
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Plug Power selling 3.9 million shares

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Plug Power is selling about $22.4 million in common stock to a single institutional investor, the company announced this week. The Latham fuel cell maker said it has priced an underwritten registered offering of more than 3.9 million shares of its common stock to be sold at a public price of $5.74 a share. Cowen and Company, LLC, is acting as the sole underwriter for the offering. After Plug Power pays underwriting discounts, commissioners and ...

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