secwatch.observer — SEC 8-K summary
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Issuer:     Planet Green Holdings Corp. (PLAG)
CIK:        0001117057
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001213900-24-082947
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117057/000121390024082947/0001213900-24-082947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117057/000121390024082947/ea0215464-8k_planet.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-082947

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