---
schema_version: "secwatch.filing_event.v1"
accession: "0001743745-24-000030"
form_type: "8-K"
ticker: "GNLN"
cik: "0001743745"
company_name: "Greenlane Holdings, Inc."
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T15:24:54.895438+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Greenlane Holdings gets Nasdaq extension to Aug 19, 2024 to meet $1 bid price

## Summary
- Nasdaq granted additional 180-day compliance period for Minimum Bid Price Requirement until August 19, 2024.
- Company had transferred listing to Nasdaq Capital Market on Feb 9, 2024, which made it eligible for extension.
- Greenlane may consider a reverse stock split to cure the deficiency; failure risks delisting.
- If compliance not regained, Nasdaq will issue delisting notice; company may appeal to a hearings panel.
- Extension letter received Feb 21, 2024; stock continues trading under GNLN on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001743745-24-000030
- form_type: 8-K
- ticker: GNLN
- cik: 0001743745
- company_name: Greenlane Holdings, Inc.
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000030/0001743745-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000030/gnln-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743745-24-000030
- JSON: https://secwatch.observer/filing/0001743745-24-000030.json
- Plain text: https://secwatch.observer/filing/0001743745-24-000030.txt

## Key facts
- Listing & Compliance Notices
  Greenlane Holdings, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5450(a)(1)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1)
  source text: February 21, 2024, Nasdaq notified the Company in writing (the “Extension Letter”) that while the Company had not regained compliance with the Minimum Bid Price Requirement, it was eligible for an additional 180-day compliance period, or until August 19, 2024, to regain compliance with the Minimum Bid Price Requirement. Nasdaq’s determination was based on the Company having met the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743745/000174374524000030/0001743745-24-000030-index.htm

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