Plug Power Inc. announced that an annual meeting of stockholders will be held on June 27, 2013, to approve the company’s third Certificate of Amendment of amended and restated Certificate of Incorporation (Charter) to effect a reverse stock split of the company’s outstanding shares of common stock at a ratio within a range of 1:10 to 1:25. If this proposal is approved, the board of directors or a committee of the board of directors will have the authority to decide, within 12 months from the annual meeting, whether to implement the split and the exact amount of the split within this range, if it is to be implemented. If the board of directors decides to implement the split, it will become effective upon the filing of the amendment to the Charter with the Secretary of State of the State of Delaware (effective date). If the reverse split is implemented, the number of issued and outstanding shares of common stock would be reduced in accordance with the exchange ratio selected by the board of directors or committee. The total number of authorized shares of common stock would remain unchanged at its current total of 245,000,000. The board determined that Evgeny Rasskazov would not be nominated for re-election at the annual meeting and his term as a director will expire at the annual meeting on June 27, 2013.

Plug Power Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $6,445,000 compared to $7,752,000 a year ago. Operating loss was $6,378,000 compared to $7,814,000 a year ago. Net loss was $8,576,000 or $0.18 per basic and diluted share compared to $6,583,000 or $0.28 per basic and diluted share a year ago. EBITDAS was $4,753,000 compared to $6,228,000 a year ago. Net cash used in operating activities was $5,932,000 compared to $3,476,000 a year ago. Purchase of property, plant and equipment was $2,000 as on March 31, 2013.

Plug Power Inc. announced that they will report Q1, 2013 results on May 14, 2013