share_log

Plug Power | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-BlackRock, Inc.(8.5%)

SEC announcement ·  Jan 25 14:44
Summary by Moomoo AI
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission, disclosing an 8.5% ownership stake in Plug Power Inc., a company specializing in alternative energy technology. The filing, which is a routine disclosure for entities holding more than 5% of a company's stock, indicates that BlackRock has beneficial ownership of 51,301,020 shares of Plug Power's common stock. This position grants BlackRock sole voting power over 50,065,374 shares and sole dispositive power over the entire 51,301,020 shares, signifying significant influence in the company. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and was dated January 25, 2024.
On December 31, 2023, BlackRock, Inc., a Delaware-based investment management corporation, filed an amended Schedule 13G with the Securities and Exchange Commission, disclosing an 8.5% ownership stake in Plug Power Inc., a company specializing in alternative energy technology. The filing, which is a routine disclosure for entities holding more than 5% of a company's stock, indicates that BlackRock has beneficial ownership of 51,301,020 shares of Plug Power's common stock. This position grants BlackRock sole voting power over 50,065,374 shares and sole dispositive power over the entire 51,301,020 shares, signifying significant influence in the company. The filing was signed by Spencer Fleming, Attorney-In-Fact for BlackRock, Inc., and was dated January 25, 2024.
Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more