Home / Going-concern warnings / Planet Green Holdings Corp.

3/5Planet Green Holdings Corp. (PLAG): Going-concern doubt

Filed 2025-05-15 路 Form 10-Q 路 Accession 0001213900-25-044144 nano

Market data

Price before filing: $1.56 (2025-05-14 close, split/dividend-adjusted)
Market cap at flag: $8.9M (2025-05-15) 路 Latest: $9.3M (2026-10-16)

What happened next

WindowPLAGSPYvs SPY
30 days+50.6%+2.6%+48.1%2025-06-16
90 days+18.6%+10.1%+8.5%2025-08-13
180 days+10.3%+16.9%-6.6%2025-11-11

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"As of March 31, 2025, the Company had an accumulated deficit of $ 148,850,555 , a working capital deficit of $ 6,688,448 , its net cash used in operating activities from continuing operations for the three months ended March 31, 2025 was $ 346,698 . F- 7 These factors raise substantial doubt on the Company's ability to continue as a going concern."

Quoted from the filing. Source

What this means

The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.

Source: management disclosure in Form 10-Q (period 2025-03-31)

Why this score: quarterly (unaudited) disclosure

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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