American Lorain Announces Results of its Annual Meeting of Stockholders
AMERICAN LORAIN (ALN)
NASDAQ:AMEX Investor Relations:
quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=aln
Company Research
Source: PR Newswire
Also Announces Name Change and Reverse Split Ratio LINYI CITY, China, Sept. 28, 2018 /PRNewswire/ -- American Lorain Corporation (the "Company") (NYSE American: ALN) announced today the results of its annual meeting of stockholders held on September 26, 2018 in Junan County, Shandong, China. At the meeting, stockholders approved, among other things, a name change of the Company from "American Lorain Corporation" to "Planet Green Holdings Corp." and a reverse stock split of the Company's outstanding common stock of not less than 10-for-1 and not more than 25-for-1. The Company's Board of Directors subsequently approved a reverse split ratio of 25-for-1, effective October 1, 2018 ("Effective Time"). The Company's common stock will open for trading on NYSE American on October 1, 2018 on a post-split basis under its new name and under a new trading symbol "PLAG." Upon effectiveness of the reverse stock split, every 25 shares of the Company's common stock issued and outstanding as of
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