Business Context and Reporting Period
This Form 8-K reports on the results of the 2021 Annual Meeting of Stockholders held by Planet Green Holdings Corp. on December 2, 2021. The Company is incorporated in Nevada and its common stock trades on the NYSE American under the symbol PLAG. As of the record date of October 29, 2021, there were 29,681,390 shares of common stock issued and outstanding.
Key Financial Metrics
This filing is a current report regarding corporate governance and voting results. It does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metrics.
Material Changes and Voting Results
At the Annual Meeting, 17,865,765 shares were voted. All proposals submitted to the stockholders were approved. The specific voting results were as follows:
- Director Election: Five directors were elected. Bin Zhou, Lili Hu, and Yang Cao received 17,864,044 votes "For" with 11,374 "Withheld." Chao Chen and King Fai Leung received 17,778,734 and 17,778,684 votes "For" respectively, with approximately 96,000 votes "Withheld" for each.
- Auditor Ratification: The appointment of WWW, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2021, was ratified with 19,700,319 votes "For," 23,420 "Against," and 20,418 "Abstentions."
- Adjournment Proposal: Approved with 19,587,001 votes "For," 129,978 "Against," and 27,178 "Abstentions." However, the Company determined adjournment was not necessary following the approval of the Extension Amendment.
Guidance, Outlook, and Risks
The filing contains no management commentary regarding future guidance, outlook, risks, contingencies, or unusual items. The document focuses exclusively on the procedural outcomes of the shareholder vote.
Investor Verification Checklist
- Verify the definitive proxy statement filed on November 11, 2021, for detailed background on the director nominees and auditor appointment.
- Confirm the status of the "Extension Amendment" referenced in the adjournment proposal, as its approval rendered the adjournment unnecessary.
- Review subsequent filings for the Company's financial performance, as this 8-K contains no financial data.