---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-007737"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:11:17.799976+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Greenlane Holdings closes $25M private placement; net proceeds ~$10.9M after fees and debt repayment

## Summary
- Closed $25M private placement of 21M common units at $1.19/unit, including warrants exercisable after shareholder approval.
- Net proceeds ~$10.9M after placement agent fees (12% of gross), loan repayments, and $2.5M escrow for post-closing obligations.
- Exchanged existing warrants with holders for ~6.1M new Series B warrants with exercise price $2.975, exercisable for 2.5 years.
- Record date of Feb 21 for special meeting to approve warrant exercises; Aegis Capital acted as placement agent.

## SEC filing metadata
- accession: 0001493152-25-007737
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000149315225007737/0001493152-25-007737-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000149315225007737/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-007737
- JSON: https://secwatch.observer/filing/0001493152-25-007737.json
- Plain text: https://secwatch.observer/filing/0001493152-25-007737.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.