Greenlane Announces Effectiveness of Previously Announced Reverse Stock Split

Jun 06, 2023

BOCA RATON, FL / ACCESSWIRE / June 5, 2023 / Greenlane Holdings, Inc. (NASDAQ:GNLN), one of the largest global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced the effectiveness of the reverse stock split contemplated by the certificate of amendment (the "Amendment") to its amended and restated certificate previously filed with the Secretary of State of the State of Delaware that will effect a one-for-10 reverse stock split of its Class A common stock, par value $0.01 per share ("Class A common stock"). The Amendment provides that the reverse stock split will become effective at 5:01 PM Eastern Time today, after the close of trading on The Nasdaq Global Market. On June 5, 2023, the Staff of the Nasdaq Stock Market LLC approved the Class A common stock to begin trading on a post-reverse stock split basis on The Nasdaq Global Market under the existing symbol "GNLN," effective June 7, 2023.

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