---
schema_version: "secwatch.filing_event.v1"
accession: "0001743745-24-000027"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T05:44:38.498943+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Greenlane Holdings transfers to Nasdaq Capital Market; faces bid price cure deadline Aug 2024

## Summary
- Nasdaq approved transfer from Global Market to Capital Market effective Feb 9, 2024; symbol GNLN unchanged.
- Previously failed $5M public float and $1.00 minimum bid price listing requirements.
- Transfer eliminates public float test; company has until Aug 18, 2024 to regain $1.00 bid compliance.
- Must maintain $1.00 closing bid for at least 10 consecutive business days during cure period to avoid delisting.

## SEC filing metadata
- accession: 0001743745-24-000027
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000027/0001743745-24-000027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000027/gnln-20240207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743745-24-000027
- JSON: https://secwatch.observer/filing/0001743745-24-000027.json
- Plain text: https://secwatch.observer/filing/0001743745-24-000027.txt

## Key facts
- Listing & Compliance Notices
  Greenlane Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(b)(1)(C), 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5450(b)(1)(C), 5450(a)(1)
  source text: August 21, 2023, the Company received a letter from Nasdaq indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) because the closing bid price per share for the Company’s Class A common stock had closed below $1.00 for the previous 30 consecutive business days (the “Minimum Bid Price Requirement”). In response, the Company filed an application to transfer the listing of its Class A common stock from the Nasdaq Global Market to the Nasdaq Capital Market. As a result of the Approval, the Market Value Requirement is no longer applicable to the Company, and the Comp
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000027/0001743745-24-000027-index.htm

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