Greenlane receives Nasdaq delisting notice for low bid price; intends to appeal

Greenlane Holdings, Inc.

Received Nasdaq notice on April 2, 2025 for failure to maintain $1.00 minimum bid price for 30 consecutive business days.
Not eligible for 180-day compliance period due to reverse stock split within prior one-year period.
Delisting scheduled for April 11, 2025 unless appeal requested by April 9, 2025.
Company intends to appeal to a Nasdaq Hearings Panel, which would stay delisting pending decision.
No assurance that appeal will succeed or that shares will remain listed on Nasdaq.

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