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Planet Green (PLAG) reveals NYSE-required notice on auditor going concern opinion

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

Rhea-AI Filing Summary

Planet Green Holdings Corp. disclosed that its independent auditor’s report on the company’s Form 10-K for the year ended December 31, 2025 includes a going concern qualification with an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern.

The company states this announcement is being made solely to comply with Sections 401(h) and 610(b) of the NYSE American Company Guide and does not change or amend the previously filed 2025 Form 10-K.

Positive

  • None.

Negative

  • Auditor going concern qualification: The independent auditor’s report on the 2025 Form 10-K includes a going concern qualification with an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern, indicating elevated financial and operational risk.

Insights

Auditor’s going concern warning signals heightened financial risk.

Planet Green Holdings Corp. reports that its auditor’s opinion on the 2025 Form 10-K includes a going concern qualification, explicitly noting substantial doubt about the company’s ability to continue operating as a going concern. This is a clear red flag around liquidity, funding, or profitability sustainability.

The company emphasizes that the disclosure is required by the NYSE American Company Guide and does not alter the already filed 10-K, so no new financial figures are added. However, the formal going concern language in the audited report typically makes access to capital more challenging and may affect counterparties’ confidence.

Future company filings with the SEC will be important for understanding whether management outlines concrete plans to address the conditions that led to the going concern qualification and whether auditors modify or remove this language in subsequent annual reports.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
going concern qualification financial
"contained a going concern qualification and an explanatory paragraph expressing substantial doubt"
An auditor's warning in a company’s financial report that there is serious doubt the business can keep operating for the foreseeable future (usually the next 12 months). It matters to investors because it flags a higher risk of bankruptcy, asset losses or major restructuring—similar to a mechanic saying a car may not make it through the season—so shareholders and lenders may reassess value, lending terms or whether to stay invested.
explanatory paragraph financial
"an explanatory paragraph expressing substantial doubt about the Company’s ability to continue"
NYSE American Company Guide regulatory
"in compliance with Sections 401(h) and 610(b) of the NYSE American Company Guide"
A handbook of rules and requirements that govern companies listed on the NYSE American market, covering eligibility to list, ongoing disclosure duties, corporate governance expectations, and trading practices. It matters to investors because it sets the minimum standards companies must meet to join and remain on that exchange — like a routine safety inspection that signals basic reliability and transparency — helping investors judge regulatory compliance, quality of public information, and potential risks to a stock’s value.
forward-looking statements regulatory
"This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
holding company financial
"is a Nevada holding company with business operations conducted through its subsidiaries"
A holding company is an organization that owns enough shares of other businesses to control them but usually does not run their day-to-day operations. Think of it as an umbrella or parent that lets investors gain exposure to several companies through one vehicle; its value depends on the performance, risks, dividends and debts of the companies it holds, so it matters for assessing diversification, control and consolidated financial health.
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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): May 11, 2026

 

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: (347) 370-2352

 

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 8.01 Other Events

 

On May 11, 2026, Planet Green Holdings Corp. (the “Company”) issued a press release announcing that the audit report issued by the Company’s independent registered public accounting firm in connection with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 contained a going concern qualification and an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern.

 

The Company is making this disclosure in compliance with Sections 401(h) and 610(b) of the NYSE American Company Guide. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
99.1   Press Release dated May 11, 2026
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: May 11, 2026 PLANET GREEN HOLDINGS CORP.
   
  By: /s/ Bin Zhou  
  Name:  Bin Zhou
  Title:  Chief Executive Officer and Chairman

 

 

2

 

Exhibit 99.1

 

Planet Green Holdings Corp. Announces Required NYSE Disclosure Regarding Going Concern Opinion

 

NEW YORK, May 11, 2026 /PRNewswire/ -- Planet Green Holdings Corp. (NYSE American: PLAG) (the “Company”) announced that the audit report issued by the Company’s independent registered public accounting firm in connection with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 contained a going concern qualification and an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern.

 

The Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025 was filed with the U.S. Securities and Exchange Commission on March 31, 2026.

 

This announcement is being made solely to comply with Sections 401(h) and 610(b) of the NYSE American Company Guide. It does not represent any change or amendment to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025.

 

Additional information may be found in the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.

 

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 further information, please contact:

 

Ms. Lili Hu
Chief Financial Officer
Phone: 347 370 2352
Email: hulili@planetgreenholdings.com

 

FAQ

What did Planet Green Holdings Corp. disclose in its latest 8-K?

Planet Green Holdings Corp. disclosed that its independent auditor’s report on the 2025 Form 10-K contains a going concern qualification. The report includes an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern, triggering required NYSE American disclosure.

What is the going concern qualification mentioned for PLAG?

The going concern qualification is language in the auditor’s report expressing substantial doubt about Planet Green’s ability to continue as a going concern. It signals that, based on current information, the auditor sees significant uncertainty around the company’s capacity to meet obligations and sustain operations over time.

Does this disclosure change Planet Green Holdings Corp.’s 2025 Form 10-K?

No, the company states that this announcement does not represent any change or amendment to its 2025 Form 10-K. The 10-K, covering the year ended December 31, 2025, was filed with the SEC on March 31, 2026 and remains unchanged by this notice.

Why did Planet Green Holdings Corp. issue a press release about its auditor’s opinion?

Planet Green issued the press release solely to comply with Sections 401(h) and 610(b) of the NYSE American Company Guide. Those rules require disclosure when an auditor’s report includes a going concern qualification, ensuring the market is informed of substantial doubt expressed about the company’s ongoing viability.

Where can investors find more information about Planet Green Holdings Corp. and this going concern opinion?

Additional information is available in Planet Green Holdings Corp.’s filings with the U.S. Securities and Exchange Commission at www.sec.gov. These filings include the 2025 Form 10-K, which contains the auditor’s report with the going concern qualification and explanatory paragraph referenced in the press release.

What businesses does Planet Green Holdings Corp. operate?

Planet Green is a Nevada holding company headquartered in Flushing, New York, with operations through subsidiaries in mainland China and Canada. It runs a diversified portfolio of businesses, including consumer products, chemical products, and online advertising, as described in the company’s press release overview section.

Filing Exhibits & Attachments

4 documents