secwatch.observer — SEC 8-K summary
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Issuer:     Greenlane Holdings, Inc. (GNLN)
CIK:        0001743745
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001493152-26-014352
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743745/000149315226014352/0001493152-26-014352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743745/000149315226014352/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-014352

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer