Plug Power adjourns special meeting as proposals fall short of votes
Plug Power Inc. has adjourned its Special Meeting of Stockholders until February 5, 2026, because key proposals, including one to increase authorized shares, failed to secure the required majority of outstanding shares. Despite strong support from votes cast (92.63% and 89.09% for Proposals 1 and 2 respectively), only a fraction of total outstanding shares were represented. CEO Andy Marsh emphasized that Proposal 2, which aims for a "more measured" increase in authorized shares, is a preferred alternative to a reverse stock split.
https://www.investing.com/news/company-news/plug-power-adjourns-special-meeting-as-proposals-fall-short-of-votes-93CH-4474225