---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-014352"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2026-03-31T23:59:59+00:00"
generated_at: "2026-05-15T08:11:54.809639+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Greenlane posts $69.6M Q4 loss, faces Nasdaq delisting; pivots to BERA treasury

## Summary
- Q4 net loss $(69.6)M vs $(8.8)M YoY; revenue down 18% to $1.4M on legacy wind-down.
- FY2025 net loss $(85.6)M; includes $31.1M fair-value loss on BERA and $18.6M stock-based compensation.
- Held 51.7M BERA units at Dec 31, 2025 (cost $58.3M, fair value $36.6M); $32.5M cash, no debt.
- Received Nasdaq delisting notice Mar 25, 2026 for bid price non-compliance; will appeal.
- Stockholders approved 1-for-5 to 1-for-15 reverse stock split; CEO Jason Hitchcock appointed Feb 11, 2026.

## SEC filing metadata
- accession: 0001493152-26-014352
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2026-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000149315226014352/0001493152-26-014352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000149315226014352/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-014352
- JSON: https://secwatch.observer/filing/0001493152-26-014352.json
- Plain text: https://secwatch.observer/filing/0001493152-26-014352.txt

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