secwatch / observer
8-K filed November 1, 2022, 7:59 PM ET ticker GNLN CIK 0001743745
other material confidence high sentiment neutral materiality 0.65

Greenlane Holdings closes $7.5M public offering; net proceeds ~$6.8M

Greenlane Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Greenlane Holdings, Inc. entered into Purchase Agreements with certain investors valued at approximately $7.05 million (effective 2022-10-27).

Action
entry
Agreement
equity purchase
Counterparty
certain investors
Value
approximately $7.05 million
Effective
2022-10-27
Exact text from the filing
On October 27, 2022, Greenlane Holdings, Inc. (the “Company”) entered into securities purchase agreements (each a “Purchase Agreement” and, together, the “Purchase Agreements”) with certain investors, pursuant to which the Company agreed to issue and sell an aggregate of 6,955,555 shares of the Company’s Class A common stock, par value $0.01 per share (the “Common Stock”), pre-funded warrants to purchase 1,377,780 shares of Common Stock (the “Pre-Funded Warrants”) and warrants to purchase 16,666,670 shares of Common Stock (the “Standard Warrants”), in a public offering (the “Offering”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Greenlane Holdings, Inc. entered into Placement Agency Agreement with A.G.P./Alliance Global Partners (effective 2022-10-27).

Action
entry
Agreement
underwriting
Counterparty
A.G.P./Alliance Global Partners
Effective
2022-10-27
Exact text from the filing
The Company agreed to pay A.G.P. an aggregate cash fee equal to 6.0% of the aggregate gross proceeds raised in the Offering pursuant to a Placement Agency Agreement entered into by the Company and A.G.P. on October 27, 2022 (the “Placement Agency Agreement”).
View on SEC.gov

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Greenlane Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-22-113526
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