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Planet Green Holdings (NYSE: PLAG) receives NYSE notice over equity deficit and losses

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Planet Green Holdings Corp. reported that it received a notice from the NYSE American that the company no longer meets continued listing standards. The exchange cited a stockholders’ deficit of $573,528 as of September 30, 2025, along with losses in each of the company’s five most recent fiscal years ended December 31, 2024, and noted that Planet Green does not qualify for any equity-related exemption under Section 1003(a) of the NYSE American Company Guide.

Planet Green must submit a plan to the NYSE by January 7, 2026 describing actions it has taken or will take to regain compliance by June 8, 2027. During this eighteen‑month cure period, the company’s common stock is expected to continue trading on the NYSE American as long as it meets all other applicable listing rules. The company disclosed that it issued a press release on December 9, 2025, outlining receipt of the notice and its intention to work toward regaining compliance.

Positive

  • None.

Negative

  • NYSE American deficiency notice: Planet Green no longer meets continued listing standards due to a stockholders’ deficit of $573,528 as of September 30, 2025 and losses in its five most recent fiscal years ended December 31, 2024, increasing delisting risk if compliance is not restored by June 8, 2027.

Insights

NYSE compliance risk rises as Planet Green faces equity deficit and multi‑year losses.

Planet Green Holdings Corp. has been notified that it no longer satisfies NYSE American continued listing criteria because it reported a stockholders’ deficit of $573,528 as of September 30, 2025 and has incurred losses in each of its five most recent fiscal years ended December 31, 2024. The exchange also stated that the company is not eligible for any exemption under Section 1003(a) of the NYSE American Company Guide, underscoring a weak equity position and sustained unprofitability.

The company must submit a plan by January 7, 2026 describing how it intends to regain compliance by June 8, 2027, creating an eighteen‑month window to address its financial metrics. Actual outcomes will depend on whether the NYSE accepts the plan and on the company’s ability to improve its stockholders’ equity and earnings performance within the stated timeframe.

For now, the common stock is expected to remain listed on NYSE American during the cure period, provided other listing rules are met. The company also issued a press release on December 9, 2025 announcing the notice and its stated intention to work toward regaining compliance, so future disclosures will clarify whether the NYSE accepts its remediation plan and whether the company can meet the June 2027 target.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):  December 8, 2025

 

PLANET GREEN HOLDINGS CORP.
(Exact name of registrant as specified in its charter)

 

Nevada   001-34449   87-0430320
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)

 

130-30 31st Ave, Suite 512

Flushing, NY

  11354
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (718) 799-0380

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

  

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, par value $0.001 per share   PLAG   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

ITEM 3.01. NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OF LISTING. 

 

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) 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.

 

On December 9, 2025, the Company announced, through a press release, its receipt of the non-compliance notice and its intention to regain compliance. A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
99.1   Press Release
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 

Dated: December 9, 2025 PLANET GREEN HOLDINGS CORP.
   
  By:   /s/ Bin Zhou  
  Name:  Bin Zhou
  Title:  Chief Executive Officer and Chairman

 

 

2

FAQ

Why did Planet Green Holdings Corp. (PLAG) receive a NYSE American deficiency notice?

Planet Green received the notice because it reported a stockholders’ deficit of $573,528 as of September 30, 2025 and had losses in each of its five most recent fiscal years ended December 31, 2024, failing the equity-related continued listing criteria under Sections 1003(a)(i), (ii), and (iii) of the NYSE American Company Guide.

What does the NYSE American require Planet Green Holdings (PLAG) to do to regain compliance?

Planet Green must submit a plan by January 7, 2026 explaining actions it has taken or will take to regain compliance with continued listing standards by June 8, 2027, addressing its stockholders’ deficit and multi‑year losses.

Will Planet Green Holdings Corp. (PLAG) shares remain listed during the cure period?

Yes. The company stated that during the eighteen‑month cure period ending June 8, 2027, its common stock is expected to continue to be listed and traded on the NYSE American, as long as it continues to comply with the exchange’s other applicable listing rules.

What financial condition did Planet Green disclose in connection with the NYSE notice?

Planet Green disclosed that it had a stockholders’ deficit of $573,528 as of September 30, 2025 and had losses in its five most recent fiscal years ended December 31, 2024, which led to non‑compliance with the NYSE American equity standards.

Did Planet Green Holdings Corp. (PLAG) communicate the NYSE notice publicly?

Yes. On December 9, 2025, the company issued a press release announcing its receipt of the NYSE American non‑compliance notice and its intention to work toward regaining compliance; this press release was filed as Exhibit 99.1.

What happens if Planet Green’s compliance plan is not accepted or it fails to meet NYSE standards by June 8, 2027?

The filing explains that Planet Green must regain compliance by June 8, 2027; if it does not, the continued listing of its common stock on the NYSE American would be at risk under the exchange’s rules.
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