STOCK TITAN

Planet Green (NYSE: PLAG) lifts authorized stock to 1.6B shares, adds 100M preferred

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

Rhea-AI Filing Summary

Planet Green Holdings Corp. reported that on September 9, 2025 it amended its Articles of Incorporation in Nevada to significantly expand its authorized capital stock. The amendment increases the total number of shares the company may issue to 1,600,000,000, consisting of 1,500,000,000 shares of common stock with a par value of $0.001 per share and 100,000,000 shares of preferred stock with a par value of $0.001 per share.

The preferred stock may be issued from time to time with specific rights, preferences and priorities to be designated by the Board of Directors, giving the board broad flexibility to create new series of preferred shares as needed in the future.

Positive

  • None.

Negative

  • Substantial increase in authorized shares creates dilution overhang: Raising total authorized capital to 1,600,000,000 shares, including 1,500,000,000 common shares, gives the company broad capacity to issue additional equity in the future, which could materially dilute existing shareholders if large issuances occur.

Insights

Planet Green expanded its authorized share capital to 1.6B, adding flexibility but increasing potential dilution and control tools.

The company has increased its authorized capital to 1,600,000,000 shares, broken into 1,500,000,000 common and 100,000,000 preferred shares, each with a par value of $0.001. This change affects what the company can issue in the future but does not, by itself, issue new shares or raise capital.

The board is empowered to set the rights, preferences and priorities of any preferred stock series. This kind of "blank check" preferred stock can be used for financing, strategic deals, or defensive measures, depending on future decisions. The actual impact on existing shareholders will depend on if, when, and how the company chooses to issue any portion of this newly authorized stock in later transactions disclosed in subsequent filings.

false --12-31 0001117057 0001117057 2025-09-09 2025-09-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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): September 9, 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 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On September 9, 2025, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to its Articles of Incorporation (as amended, the “Charter”) with the Secretary of State of the State of Nevada to increase the total number of shares of all classes of stock which the Company has authority to issue to 1,600,000,000 consisting of (a) 1,500,000,000 shares of common stock, par value $0.001 per share, and (b) 100,000,000 shares of preferred stock, par value $0.001 per share, to be issued from time to time with such rights, preferences and priorities as the Board of Directors shall designate.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
3.1   Certificate of Amendment
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: September 10, 2025 PLANET GREEN HOLDINGS CORP.
   
  By: /s/ Bin Zhou
  Name:   Bin Zhou
  Title:  Chief Executive Officer and Chairman

 

2

 

FAQ

What corporate change did PLAG disclose in this 8-K filing?

Planet Green Holdings Corp. disclosed that it filed a Certificate of Amendment to its Articles of Incorporation in Nevada on September 9, 2025 to increase the total number of shares it is authorized to issue and to define the structure of common and preferred stock.

How many shares is Planet Green (PLAG) now authorized to issue?

After the amendment, Planet Green Holdings Corp. is authorized to issue a total of 1,600,000,000 shares, consisting of 1,500,000,000 common shares and 100,000,000 preferred shares, each with a par value of $0.001 per share.

What did PLAG change regarding its preferred stock?

The amendment authorizes 100,000,000 shares of preferred stock, par value $0.001 per share, which may be issued from time to time with such rights, preferences and priorities as the Board of Directors designates, giving the board flexibility to create different preferred series.

Does the increase in authorized shares mean PLAG issued new stock immediately?

The amendment only increases the number of shares Planet Green Holdings Corp. is authorized to issue. It does not itself state that new shares were issued; it sets the capacity for possible future issuances.

Why is the increase in authorized shares important for PLAG investors?

A higher authorized share count gives Planet Green Holdings Corp. more flexibility to raise capital, do acquisitions or create new preferred stock series, but it also increases the potential for future equity issuances that could dilute existing shareholders if used extensively.

What is the par value of PLAG’s common and preferred stock after the amendment?

Both the common and preferred stock of Planet Green Holdings Corp. have a par value of $0.001 per share under the amended Articles of Incorporation.
Planet Green

NYSE:PLAG

PLAG Rankings

PLAG Latest News

PLAG Latest SEC Filings

PLAG Stock Data

28.05M
6.79M
Conglomerates
Canned, Frozen & Preservd Fruit, Veg & Food Specialties
Link
United States
FLUSHING