SHANGHAI, Oct. 24, 2018 /PRNewswire/ -- Planet Green Holdings Corp. (NYSE American: PLAG) announced today that it has regained compliance with the NYSE American LLC (the "Exchange") continued listing standards.
On October 22, 2018, the Company received a letter from the Exchange stating that the Company has regained compliance with Part 1003(f)(v) of the NYSE American Company Guide with respect to the low price of the Company's shares of common stock.
As previously announced, the Company effectuated a reverse split at a ratio of 25-for-1, effective October 1, 2018. Shareholders had previously approved such reverse split at the annual meeting of the Company's shareholders held on September 26, 2018.
For more information, please contact:
Mr. Mingze Yin
Director of Investor Relations