Greenlane Holdings, Inc. (GNLN): Nasdaq/NYSE listing notice — Nasdaq staff determines to delist Greenlane Holdings due to dilution from Series B warrants

Greenlane Holdings, Inc.

Nasdaq notified Greenlane on May 5, 2025 it would delist under Rule 5101 due to dilution concerns from Series B warrants issued Feb 18, 2025.
Company will present its views at a Nasdaq Hearings Panel and plans to submit a compliance plan.
Greenlane also plans to apply for trading on OTCQB to address potential delisting.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Greenlane Holdings, Inc. received a nasdaq delisting notice notice regarding other (rules 5101, 5810(d)).

Exchange: nasdaq
Notice: delisting notice
Rules: 5101, 5810(d)

Exact text from the filing

May 5, 2025, Greenlane Holdings, Inc. (the “Company”) received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that based on its review of the Company’s public filings with the Securities and Exchange Commission (the “SEC”), its staff has determined to delist the Company’s securities pursuant to its discretionary authority under Listing Rule 5101. Specifically, as set forth in the letter, Nasdaq’s staff determined that the Company’s issuance of securities pursuant to the securities purchase agreement dated February 18, 2025, p

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Greenlane Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001641172-25-009498

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