Plug Power Inc (PLUG)

[joseagro]

Several s3 and form 4 un til shares issued complete 11 million.
First PLUG issued 4.7 million shares
Now PLUG issued 1.6 million shares at 1.85 to complete 11 million dollars.
Axane receiving shares (marking issued price 1.85, in order to calculate true up)

Here you have description:

Total shares to Axane issued:

First: 4,781,250
Today: 1,613,289

That´s all.

[..]the Company also agreed to issue up to 3,105,348 additional shares of Common Stock at a later date[..]

There was no need to issue 3,105,348, only 1,613,289

So Plug had to pay: $11.47 million dollars with shares.

6394539 shares issued totalling $11.47 million dollars