Item 3.02. Unregistered Sales of Equity Securities.

As previously reported on Form 8K filed on January 14, 2022 by Planet Green Holdings Corp. (the "Company"), on January 13, 2022, the Company entered into a Securities Purchase Agreement with three individuals residing in the People's Republic of China (collectively, the "Purchasers"), pursuant to which the Purchasers agreed to invest an aggregate of $7,000,000 in the Company in exchange for an aggregate of 7,000,000 shares (the "Shares") of the Company's common stock, representing a purchase price of $1.00 per share (the "Financing"). The closing of the Financing was subject to customary closing conditions of this type of transaction.

On January 14, 2022, the Company closed the Financing. At the closing, the Company received gross proceeds of $7,000,000 in the aggregate, in exchange for the issuance of the Shares.

The issuance of the Shares was exempt from the registration requirements of the Securities Act, pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended.

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