---
schema_version: "secwatch.filing_event.v1"
accession: "0001743745-22-000100"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2022-12-16T23:59:59+00:00"
generated_at: "2026-06-21T03:27:51.219222+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Greenlane Holdings receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Closing bid price of Class A common stock below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until June 12, 2023) to regain compliance.
- Options include reverse stock split, to be completed 10 business days before deadline.
- If not compliant by June 12, may qualify for second 180-day period on Nasdaq Capital Market.
- Stock continues trading under GNLN on Nasdaq Global Market.

## SEC filing metadata
- accession: 0001743745-22-000100
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2022-12-16T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000174374522000100/0001743745-22-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000174374522000100/gnln-20221213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743745-22-000100
- JSON: https://secwatch.observer/filing/0001743745-22-000100.json
- Plain text: https://secwatch.observer/filing/0001743745-22-000100.txt

## Key facts
- Listing & Compliance Notices
  Greenlane Holdings, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: December 13, 2022, Greenlane Holdings, Inc. (the “Company”) received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.01 per share (the “Class A Common Stock”) had been below the minimum $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5550(a)(2) (“Rule 5550(a)(2)”). The Nasdaq deficiency letter has no immediate effec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000174374522000100/0001743745-22-000100-index.htm

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