Item 3.02 Unregistered Sales of Equity Securities

As disclosed on Green Giant Inc.'s (the "Company") Current Report on Form 8-K filed on October 6, 2022, the Company entered into a certain securities purchase agreement (the "SPA") with certain purchasers whom are "non-U.S. Persons" (the "Investors") as defined in Regulation S of the Securities Act, pursuant to which the Company agreed to sell an aggregate of 9,288,339 units, each consisting of one share of the common stock of the Company, par value $0.001 per share (the "Common Stock") and a warrant to purchase three shares of Common Stock (the "Warrants"), for an aggregate purchase price of approximately $5.2 million (the "Offering").

On October 25, 2022, the transaction contemplated by the SPA closed.

The issuance and sale of the Common Stock and the Warrants are exempted from the registration requirement of the Securities Act of 1933, as amended, pursuant to Regulation S promulgated thereunder.

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