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Planet Green Holdings signs agreement with Craft Capital for stock sales

Planet Green Holdings Corp. entered into an at-the-market sales agreement with Craft Capital Management LLC on October 2, 2026. Under the terms of the agreement, Craft Capital Management LLC will act as the sales agent for the…

By Vincent Lorne·October 2, 2026·二〇二六年十〇月二日·2 min read

Planet Green Holdings Corp. entered into an at-the-market sales agreement with Craft Capital Management LLC on October 2, 2026. Under the terms of the agreement, Craft Capital Management LLC will act as the sales agent for the offer and sale of Planet Green Holdings Corp. common stock. The company may sell shares from time to time through or to the agent, who may act as either a sales agent or principal. The shares are issued pursuant to a shelf registration statement on Form S-3 that was declared effective by the U.S. Securities and Exchange Commission on April 13, 2026. A prospectus supplement dated October 2, 2026, accompanies the offering.

Planet Green Holdings Corp. estimates it is eligible to offer and sell up to an aggregate of approximately $22,539,922 of its common stock under the sales agreement. This cap is derived from General Instruction I.B.6 of Form S-3, which limits primary offerings to one-third of the company's public float when that value remains below $75,000,000. The company calculated its public float at approximately $67.6 million using the August 11, 2026 closing price of $5.81 per share and a count of 11,638,514 non-affiliate shares. The company reported that it has not sold any securities in reliance on this instruction during the 12 calendar months prior to the report date, excluding this current offering.

Sales of the shares will be made by any method permitted by law that is deemed an at-the-market offering under Rule 415 of the Securities Act of 1933. This includes sales made directly on the NYSE American LLC or other methods agreed upon by the company and the agent. Craft Capital Management LLC will use commercially reasonable efforts consistent with its normal trading and sales practices to sell the shares based on instructions from Planet Green Holdings Corp. These instructions may include price, time, or size limits and other customary parameters.

The company is not obligated to sell any shares under the agreement, and the agent is not obligated to buy or sell any shares. No assurance is given that Planet Green Holdings Corp. will sell any shares, or as to the price, amount, or dates of such sales if they occur. The offering will terminate upon the sale of shares in an aggregate amount specified in the sales agreement. Either party may suspend or terminate the offering upon notice to the other party, subject to conditions set forth in the agreement.

Planet Green Holdings Corp. will pay Craft Capital Management LLC a commission equal to 4.0% of the gross proceeds from each sale of shares made through the agent. The company has also agreed to provide customary indemnification and contribution rights and will reimburse the agent for certain specified expenses related to its services. The representations and warranties in the sales agreement were made solely for the benefit of the parties and are subject to agreed-upon limitations.

A copy of the sales agreement is filed as Exhibit 1.1 to the Form 8-K report. An opinion from Becker & Poliakoff, P.A., regarding the legality of the shares issuable under the agreement and prospectus supplement, is filed as Exhibit 5.1. The disclosure in this report does not constitute an offer to sell or a solicitation of an offer to buy securities.

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sec.gov

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