Home / Going-concern warnings / Planet Green Holdings Corp.
Filed 2025-11-14 路 Form 10-Q 路 Accession 0001213900-25-110485 nano
Price before filing: $1.72 (2025-11-13 close, split/dividend-adjusted)
Market cap at flag: $14.3M (2025-11-14) 路 Latest: $9.3M (2026-10-16)
| Window | PLAG | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +23.3% | +1.3% | +22.0% | 2025-12-15 |
| 90 days | +97.1% | +1.7% | +95.4% | 2026-02-12 |
| 180 days | +3.5% | +11.1% | -7.6% | 2026-05-13 |
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.
90 days before the flag: 1 insider bought 1,100,000 shares (1 purchase)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-10-14 | Zhou Bin Chief Executive Officer, Director, 10% owner | Purchase | 1,100,000 | n/a | n/a | no | Form 4 |
| 2025-11-14: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-16 to 2025-12-14. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"As of September 30, 2025, the Company had an accumulated deficit of $ 161,772,429 , a working capital deficit of $ 5,537,300 , and its net cash used in operating activities from continuing operations for the nine months ended September 30, 2025 was $ 1,329,176 . These factors raise substantial doubt on the Company's ability to continue as a going concern."
Quoted from the filing. Source
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 2025-09-30)
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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