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Go Hawks13

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Re: $5.95akadawson-m post# 58292

Tuesday, 01/23/2024 12:58:58 PM

Tuesday, January 23, 2024 12:58:58 PM

Post# of 60416
That is incorrect. Here are the actual facts:

Beleaguered alternative-energy company Plug Power Inc. offered a positive funding update Tuesday morning, helping to send its shares soaring in premarket action.

Plug Power PLUG, 17.43%, which provides hydrogen fuel-cell technology, finalized a term-sheet negotiation with the Department of Energy for a $1.6 billion loan facility, Chief Executive Andy Marsh said on an investor call Tuesday. The company has been experiencing liquidity challenges, issuing a going-concern warning late last year and disclosing approval for a stock-sale plan last week.
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