regulatory
confidence high
sentiment negative
materiality 0.90
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.