Greenlane announces board approval of reverse stock split ratio

Greenlane (GNLN) Holdings announced that it will effect a one-for-seven hundred fifty reverse stock split of its Class A common stock, par value 1c per share, that will become effective on June 26, 2025 at 5:00 P.M. Eastern Time, after the closing of trading on The Nasdaq Capital Market. Greenlane has requested that Greenlane’s Class A common stock begin trading on June 27, 2025, on a post-Reverse Split basis on the Nasdaq under the existing symbol “GNLN.” The Reverse Split is primarily intended to bring Greenlane into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq. The new CUSIP number for the Class A common stock following the Reverse Split will be 395330509.