Plug Power 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  March 23, 2012

 

Plug Power Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware

1-34392

22-3672377

(State or other jurisdiction

(Commission File

(IRS Employer

of incorporation)

Number)

Identification No.)

 

 

968 Albany Shaker Road,
Latham, New York

 

 

12110

(Address of principal executive offices)

(Zip Code)

 

Registrant’s telephone number, including area code:  (518) 782-7700

 

N/A

 (Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 


 

 

 

 

Item 3.03        Material Modification to Rights of Security Holders.

 

On March 23, 2012, Plug Power Inc. (the “Company”) and Broadridge Corporate Issuer Solutions, Inc., as rights agent (“Broadridge”), entered into an Amendment No. 3 (the “Amendment”) to the Shareholders Rights Agreement, dated as of June 23, 2009 (as amended by Amendment No. 1 to the Shareholder Rights Agreement, dated as of May 6, 2011 and Amendment No. 2 to the Shareholder Rights Agreement, dated March 16, 2012, the “Rights Agreement”), between the Company and Broadridge.

 

The Amendment amends the Rights Agreement to provide that, generally, any beneficial ownership of shares of our common stock by all affiliates and associates of AWM Investments Company, including but not limited to Special Situations Technology Fund, L.P., Special Situations Technology Fund II, L.P., and Special Situations Private Equity Fund, L.P. (collectively, “SSF”), will not cause the preferred stock purchase rights to become exercisable under the Rights Agreement, so long as SSF and their affiliates and associates do not at any time beneficially own shares of our common stock equaling or exceeding three percent more than the percentage of the then outstanding shares of common stock beneficially owned by SSF and their affiliates and associates immediately following the closing of the public offering announced on March 22, 2012.

 

The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment, which is filed as Exhibit 4.1 hereto and is incorporated herein by reference.

 

 

 

Item 9.01.       Financial Statements and Exhibits

 

(d)

Exhibits.
 

 

4.1

Amendment No. 3 to Shareholder Rights Agreement dated as of March 23, 2012 by and between Plug Power Inc. and Broadridge Corporate Issuer Solutions, Inc., as Rights Agent.
 

 

 

 

 

 

 

 

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Plug Power Inc.

 

 

 

 

Date:    March 26, 2012

By:  /s/ Andrew Marsh                         

 

Name:  Andrew Marsh

 

Title:     President and Chief Executive Officer

 

 

                                                                                   

 

 

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