Planet Green Holdings Corp. Closed Financing Transaction and Appointed New Chief Operating Officer
Planet Green Holdings Corp. (PLAG)
Company Research
Source: PR Newswire
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. Pursuant to the agreement, the Company has received gross proceeds of $5,460,000 in the aggregate, in exchange for the issuance of an aggregate of 1,300,000 shares of the Company's common stock, representing a purchase price of approximately $4.20 per share. In addition, the Company has appointed Daqi Cui as the Company's new Chief Operating Officer. Mr. Cui previously served in various corporate and legal roles over the past twenty years, most recently as the Chief Executive Officer of Bezalel International LLC, a consulting firm based in the United States.Forward Looking StatementsThis news release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation R
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