Planet Green Holdings Corp. Receives NYSE Deficiency Notification Regarding Shareholders' Equity

Rhea-AI Summary

Planet Green Holdings Corp (NYSE American: PLAG) received a notice from the New York Stock Exchange on December 8, 2025, that it is below continued listing criteria under Sections 1003(a)(i),(ii),(iii) of the NYSE American Company Guide.

The company reported a stockholders' deficit of ($573,528) as of September 30, 2025 and has had losses in its five most recent fiscal years ended December 31, 2024. The company is not eligible for an exemption from the equity requirements in Section 1003(a).

Planet Green must submit a plan by January 7, 2026 describing actions to regain compliance by June 8, 2027. During the 18-month cure period the common stock will remain listed and traded on the NYSE, subject to other NYSE rules.

Positive

• Common stock remains listed and tradable during the 18-month cure period
• Cure period deadline to regain compliance set for June 8, 2027

Negative

• Stockholders' deficit of ($573,528) as of September 30, 2025
• Losses reported in the five most recent fiscal years ended December 31, 2024
• Not eligible for any exemption under Section 1003(a) from equity requirements
• Plan to regain compliance required by January 7, 2026

Key Figures

Stockholders’ deficit ($573,528) As of September 30, 2025; cited in NYSE deficiency notice

Plan submission deadline January 7, 2026 Date by which NYSE-compliance plan must be submitted

Cure deadline June 8, 2027 Target date to regain compliance with NYSE listing standards

Cure period length 18 months Period during which shares can remain listed while addressing deficiency

Q3 2025 net revenues $771,636 Reported in Q3 2025 10‑Q

Q3 2025 net loss $12,148,293 Includes losses from continuing and discontinuing operations

Cash and restricted cash $63,754 Balance as of September 30, 2025

Total liabilities vs assets $12,867,197 vs $12,293,669 Balance sheet as of September 30, 2025, creating equity deficit

Market Reality Check

$2.43 Last Close

Volume Volume 12,794 vs 20-day average 300,603 (about 4% of typical activity pre-news). low

Technical Price 2.11 is trading above 200-day MA of 1.73 despite recent weakness.

Peers on Argus

PLAG was down 5.8% pre-news while peers like HHS, STRR, and BOOM showed modest gains and only NNBR was down 6.45%, pointing to stock-specific pressure rather than a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01	Product launch	Positive	+2.3%	New Shengshengchuan Black Gold Series black tea launch with positive distributor feedback.
Jun 18	Market activity notice	Neutral	+10.4%	Company response to unusual trading, confirming no undisclosed material developments.
Jun 10	Strategic partnership	Positive	+3.4%	Tea subsidiary partnership to expand black tea distribution in Inner Mongolia market.
Jun 09	AI initiative	Positive	+13.5%	Launch of AI-powered early mental health intervention project for Canadian youth.

Pattern Detected

Recent news tied to product launches, partnerships, and strategic updates tended to elicit positive price reactions, making today’s listing-deficiency development a negative break from that pattern.

Recent Company History

This announcement follows several 2025 updates that were operationally focused and drew positive market responses. A black tea product launch on Dec 1, 2025, a strategic distribution partnership in Inner Mongolia on Jun 10, 2025, and an AI mental health initiative on Jun 9, 2025 all coincided with single- to low-double-digit gains. An earlier June statement addressed unusual trading with no fundamental change. In contrast, the NYSE equity-deficiency notice directly reflects the weak balance sheet outlined in recent 10‑Q filings.

Market Pulse Summary

The stock moved +9.5% in the session following this news. A strong positive reaction aligns with how PLAG has previously responded to operational news, but this NYSE deficiency notice directly reflects a ($573,528) stockholders’ deficit and multi-year losses. Past filings highlighted steep net losses and minimal cash, so any upside could have been vulnerable to reassessment as regulatory listing risk remained unresolved. Investors would need to weigh the 18‑month cure window and execution of the compliance plan against the company’s historical losses and balance-sheet deficits.

Key Terms

stockholders' deficit financial

"because the Company reported stockholders' deficit of ($573,528) at September 30, 2025"

When a company's total liabilities exceed its total assets, the owner's equity becomes negative and is reported as a stockholders' deficit. It shows that, on paper, the business owes more than it owns — like a homeowner whose mortgage balance is larger than the home's market value. Investors watch this because it signals financial strain, higher risk of dilution or default, and can limit a company's ability to pay dividends, borrow, or grow.

continued listing criteria regulatory

"it is below the continued listing criteria under Sections 1003(a)(i), (ii), and (iii)"

A set of financial, reporting and corporate-governance requirements that a company must meet to remain listed on a stock exchange. Think of it like the rules and upkeep for a membership card: if a company fails to maintain minimum share price, market value, timely reports or other standards, the exchange can warn, suspend or remove the stock. For investors this matters because falling below these standards can reduce liquidity, increase risk and lead to sudden price drops or forced sales.

listing standards regulatory

"under Sections 1003(a)(i), (ii), and (iii) o of the NYSE's listing standards"

Rules set by a stock exchange that determine which companies can be listed and what they must keep doing to stay listed, covering things like financial health, reporting, and governance. They matter to investors because they provide a baseline of transparency and quality—like building codes or club membership rules—so buyers can trust that listed companies meet minimum standards and that market information is more reliable and comparable.

stockholders' equity financial

"not currently eligible for any exemption in Section 1003(a) of the Company Guide from the stockholders' equity requirements"

Stockholders' equity is the portion of a company's assets that belongs to its owners after all debts and obligations are paid; think of it as the value left for shareholders if the company sold everything and paid off what it owes. Investors watch it because it shows the company's net worth, indicates how much of growth is funded by owners versus debt, and helps assess financial health and the potential for future dividends or stock value increases — like the equity in a house after the mortgage is settled.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 9, 2025 /PRNewswire/ -- Planet Green Holdings Corp. ("Planet Green", the "Company") (NYSE American: PLAG) announced that on December 8, 2025, Planet Green Holdings Corp. (the "Company") received a notice from the New York Stock Exchange ("NYSE") that it is below the continued listing criteria under Sections 1003(a)(i), (ii), and (iii) o of the NYSE's listing standards set forth in Part 10 of the NYSE American Company Guide ("Company Guide"), because the Company reported stockholders' deficit of ($573,528) at September 30, 2025, and has had losses in its five most recent fiscal years ended December 31, 2024. The Company is also not currently eligible for any exemption in Section 1003(a) of the Company Guide from the stockholders' equity requirements.

In connection with its non-compliance with Sections 1003(a)(i), (ii), and (iii) of the Company Guide, the Company must submit a plan by January 7, 2026, advising of actions it has taken or will take to regain compliance with the continued listing standards by June 8, 2027. During the eighteen-month cure period, the Company's common stock will continue to be listed and traded on the NYSE, subject to the Company's continued compliance with the NYSE's other applicable listing rules.

About Planet Green Holdings Corp.

Planet Green Holdings Corp. ("Planet Green"), headquartered in Flushing, New York, is a Nevada holding company with business operations conducted through its subsidiaries in mainland China and Canada. Planet Green operates a diversified portfolio of businesses, including consumer products, chemical products, and online advertising.

Forward Looking Statements

This news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "expect", "estimate", "plan", "outlook", and "project" and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management's current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the Securities and Exchange Commission, which are available, free of charge, on the SEC's website at www.sec.gov.

For more information please contact: Ms. Lili Hu Chief Financial Officer Phone: 718 799 0380 Email: hulili@planetgreenholdings.com

View original content:https://www.prnewswire.com/news-releases/planet-green-holdings-corp-receives-nyse-deficiency-notification-regarding-shareholders-equity-302636468.html

SOURCE Planet Green Holdings Corp.

FAQ

What did Planet Green (PLAG) receive from the NYSE on December 8, 2025?

Planet Green received a notice that it is below NYSE American continued listing criteria under Sections 1003(a)(i),(ii),(iii).

How large was Planet Green's stockholders' deficit reported for September 30, 2025?

The company reported a stockholders' deficit of ($573,528) as of September 30, 2025.

What deadline must PLAG meet to submit a plan to the NYSE?

Planet Green must submit a plan by January 7, 2026 describing actions to regain compliance.

By what date must Planet Green regain NYSE compliance for PLAG?

The company has an 18-month cure period to regain compliance by June 8, 2027.

Will Planet Green's common stock continue trading after the NYSE notice?

Yes. The common stock will continue to be listed and traded on the NYSE during the 18-month cure period, subject to other listing rules.