Planet Green Enters into Agreement to Acquire Xianning Bozhuang Tea Products Co., Ltd.
Planet Green Holdings Corp. (PLAG)
Company Research
Source: PR Newswire
SHANGHAI, May 10, 2019 /PRNewswire/ -- Planet Green Holdings Corp. (the "Company") (NYSE American: PLAG) announces that the Company and its wholly owned subsidiary Shanghai Xunyang Internet Technology Co., Ltd. ("Subsidiary") entered into a Share Exchange Agreement with Xianning Bozhuang Tea Products Co., Ltd. ("Target") and each of the shareholders of Target (collectively, "Sellers") on May 9, 2019. Pursuant to the Share Exchange Agreement, the Subsidiary will acquire all outstanding equity interests of Target, a company that produces tea products and sells such products in China.Pursuant to the Share Exchange Agreement, the Company will issue an aggregate of 1,080,000 shares of common stock of the Company to the Sellers in exchange for the transfer of all of the equity interest of the Target to the Subsidiary. The transaction is subject to conditions that are customary for transactions of this type.Pursuant to the Share Exchange Agreement, as of the closing, the Company's board of d
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PLAG
Sec Filings
- 12/13/24 - Form 10-K/A
- 12/11/24 - Form 8-K
- 11/15/24 - Form NT
- PLAG's page on the SEC website