other material
confidence high
sentiment neutral
materiality 0.50
Greenlane Holdings completes PIPE of 2.36M units with warrants exercisable at $2.50
Greenlane Holdings, Inc.
- Sold aggregate 2,363,637 units and pre-funded units on August 12, 2024.
- Each unit consists of 1 share of common stock (or pre-funded warrant) and 2 common warrants.
- Common warrants have $2.50 exercise price and 5-year term; pre-funded warrant exercise price $0.001.
- Aegis Capital served as placement agent with a 10% commission; closing announced August 13, 2024.