Planet Green Holdings restates Q2 2024 financials; error in subsidiary disposal accounting

Planet Green Holdings Corp.

Company will file amended 10-Q/A; previously issued Q2 2024 financials should no longer be relied upon.
Error related to disposal of subsidiary Allinyson Ltd. on April 1, 2024.
Correction: $7.4M decrease in income from discontinued ops, $7.4M increase in additional paid-in capital.
Accumulated deficit decreased by $7.4M; accumulated other comprehensive income decreased by $14.7K.
Management will modify conclusions on effectiveness of disclosure controls as of June 30, 2024.

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