Greenlane raises ~$110M in PIPE to adopt BERA as primary treasury reserve asset

Greenlane Holdings, Inc.

PIPE of $110M: ~$50M cash/stablecoins, ~$60M in BERA tokens at $3.84/share and $3.83/pre-funded warrant.
Led by Polychain Capital with participation from Blockchain.com, Kraken, North Rock Digital, CitizenX, dao5.
Company to hold special shareholder meeting to approve issuance of shares underlying crypto-funded warrants.
Ben Isenberg appointed Chief Investment Officer; Bruce Linton as Chairman, Billy Levy as Director.
Closing expected Oct 23, 2025; net proceeds to acquire BERA via open market and OTC trades.

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