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PLAG - Planet Green trades higher on inking financing transaction
Planet Green Holdings Corp.
Planet Green (PLAG) trades 10.1% higher after hours on entering into a Share Purchase Agreement with three investors post which the company will receive gross proceeds of $7.6M in exchange for the issuance of 4M shares.This indicates a purchase price of ~$1.9/share.Transaction will be closed on customary closing conditions of this type of transaction.