secwatch.observer — SEC 8-K summary
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Issuer:     Greenlane Holdings, Inc. (GNLN)
CIK:        0001743745
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0001104659-22-113526
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greenlane Holdings closes $7.5M public offering; net proceeds ~$6.8M
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- Issued 8,333,335 units at $0.90/unit; each unit = 1 share (or pre-funded warrant) + 2 common warrants.
- Gross proceeds of $7.5M; net proceeds ~$6.8M after placement agent fees and expenses.
- Common warrants exercisable at $0.90/share, expire 7 yrs from issuance; pre-funded warrants exercise at $0.0001.
- Proceeds for general corporate purposes including debt servicing, working capital, and capex.
- 90-day lockup on further equity issuance; A.G.P./Alliance Global Partners acted as placement agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743745/000110465922113526/0001104659-22-113526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743745/000110465922113526/tm2229318d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-113526

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