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Greenlane Holdings (GNLN) just unveiled an announcement.
Greenlane Holdings, Inc. engaged with investors in a significant stock purchase deal on August 12, 2024, offering over 2.3 million units, including common shares and warrants, with the warrants exercisable at $2.50 per share. In tandem, they appointed Aegis Capital Corp. as their placement agent and agreed on a Registration Rights Agreement to ensure timely registration of securities. The company publicly announced the details and successful closure of this transaction, marking a pivotal financial move.
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