1. PLAG reported a stockholders' deficit of $573,528 as of September 2025. 2. The company has incurred losses for five consecutive fiscal years. 3. PLAG received notice from NYSE for not meeting continued listing criteria. 4. A compliance plan is required by January 2026 to regain NYSE standards. 5. Stock will remain listed during the eighteen-month cure period.
FAQ
Why Very Bearish?
Historically, companies with consistent losses and stockholder deficits often face severe valuation declines, as demonstrated by firms like Chesapeake Energy during their stretch of poor financial performance.
How important is it?
The article outlines significant financial struggle and regulatory compliance issues that will lead to investor concern and potential stock price decline.
Why Long Term?
The necessity to adhere to compliance and potential loss of NYSE listing may take time to affect stock perception among investors, similar to what occurred with J.C. Penney, which struggled for years to recover after a compliance issue.
Planet Green Holdings Corp. Faces NYSE Listing Deficiency Notification
On December 8, 2025, Planet Green Holdings Corp. ("Planet Green" or the "Company") (NYSE American: PLAG) received a notification from the New York Stock Exchange ("NYSE") regarding its compliance with the exchange's listing standards. The notice indicated that Planet Green is currently below the continued listing criteria as outlined in Sections 1003(a)(i), (ii), and (iii) of the NYSE's Company Guide due to a reported stockholders' deficit of ($573,528) as of September 30, 2025, alongside losses sustained across the last five fiscal years ending December 31, 2024.
Details of NYSE Notification
The NYSE's notification reveals critical financial challenges for Planet Green Holdings Corp. The Company must submit a remediation plan by January 7, 2026, detailing the steps it will take to achieve compliance with the NYSE's ongoing listing requirements by June 8, 2027. It is worth noting that during this eighteen-month cure period, shares of PLAG will continue to be traded on the NYSE, contingent upon Planet Green's adherence to other applicable NYSE listing rules.
Company Profile and Operations
Headquartered in Flushing, New York, Planet Green Holdings Corp. operates as a Nevada holding company, with a diversified portfolio encompassing consumer products, chemical products, and online advertising services through its subsidiaries located in mainland China and Canada. This extensive operation aims to establish a robust presence in various market segments.
Forward-Looking Statements and Risk Factors
The recent announcement contains forward-looking statements, as defined by the U.S. Private Securities Litigation Reform Act of 1995. Phrases such as "anticipate," "believe," "expect," and "project" signal the Company’s intentions regarding future outcomes, but these statements are influenced by various known and unknown risks and uncertainties.
Investors should note that the actual results may differ significantly from the expected outcomes expressed in these forward-looking statements. Detailed information regarding potential risks can be accessed in the Company's reports filed with the Securities and Exchange Commission, which are available for free on the SEC’s website at www.sec.gov.
Contact Information
For further inquiries, Ms. Lili Hu, Chief Financial Officer, can be reached at:
- Phone: 718-799-0380
- Email: lh@planetgreenholdings.com