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Planet Green Announces $4M Offering

Benzinga Real-time News ·  May 20, 2022 04:55

Planet Green Holdings Corp. (the "Company") (NYSE:PLAG) announced today that the Company has entered into a Share Purchase Agreement with two investors (the "Transaction"). Pursuant to the agreement, the Company will receive gross proceeds of $4,100,000 in the aggregate, in exchange for the issuance of an aggregate of 10,000,000 shares of the Company's common stock, representing a purchase price of approximately $0.41 per share. The Transaction will be closed on customary closing conditions of this type of transaction.

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