other material
confidence high
sentiment neutral
materiality 0.60
Planet Green Holdings approves 1-for-10 reverse stock split effective May 31, 2024
Planet Green Holdings Corp.
- Reverse stock split ratio of 1-for-10; effective at 4:01 p.m. ET on May 31, 2024.
- Common stock to trade on NYSE American post-split under symbol PLAG on June 3, 2024.
- Authorized shares reduced proportionally from 1,000,000,000 to 100,000,000; par value unchanged at $0.001.
- No fractional shares issued; rounding up to nearest whole share; new CUSIP number 72703U 201.
- Board approved without stockholder approval per Nevada law; no change to proportional ownership or voting power.