The big shareholder groups in Planet Green Holdings Corp. (NYSEMKT:PLAG) have power over the company. Institutions...

Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announced today that the Company has entered into a Share Purchase Agreement with two investors (the "Transaction"). Pursuant to the agreement, the Company will receive gross proceeds of $3,510,000, in exchange for the issuance of an aggregate of 1,350,000 shares of the Company's common stock, representing a purchase price of approximately $2.60 per share. The Transaction will be closed on customary closing conditions of this type of transaction.

SHANGHAI, June 19, 2019 /PRNewswire/ -- Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announced today that the Company has entered into a Share Purchase Agreement with five investors (the "Transaction") and has closed the Transaction. In addition, the Company has appointed Daqi Cui as the Company's new Chief Operating Officer.

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