Greenlane restructures $4.6M senior debt via exchange and Cobra note amendment

Greenlane Holdings, Inc.

Exchanged $4,617,307 of debt for $4,000,000 in new convertible notes due one year, reducing principal by ~$617,000.
Issued 1.26M five-year warrants at $3.04/share and inducement warrants for existing warrant exercises.
Extended Cobra senior note maturity to Oct 2025; note now convertible at $3.17/share; issued 500,000 warrants at $3.04.
Company must prepay Cobra 50% of gross proceeds from warrant exercises and capital raises until $2.25M repaid.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.