Stockholders of Plug Power approved increasing authorized common shares from 1.5 billion to 3.0 billion at a special meeting on Feb. 12, 2026. They voted against aligning future voting requirements with Delaware law but approved the share increase. CEO Andy Marsh credited retail investors for helping the proposal pass, avoiding a reverse stock split. Stockholders were able to vote online, and the meeting had a quorum of over 463 million shares. The company will work with Nasdaq to facilitate future votes and increase broker voting accessibility. Plug Power specializes in hydrogen fuel cell systems for electric vehicles and material handling equipment.

Read more at Yahoo Finance: Plug Power Stockholders Approve Share Increase to 3B, Reject Charter Vote-Rule Change at Special Meeting