Greenlane announces board's approval of reverse stock split ratio

Boca raton, fl / accesswire / july 31, 2024 / greenlane holdings, inc. (nasdaq:gnln) ("greenlane"), a global seller of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it will effect a one-for-11 reverse stock split ("reverse split") of its class a common stock, par value $0.01 per share ("class a common stock"), that will become effective on august 5, 2024 at 12:01 am eastern time, before the opening of trading on the nasdaq capital market ("nasdaq"). greenlane has requested that greenlane's class a common stock begin trading on august 5, 2024, on a post-reverse split basis on the nasdaq under the existing symbol "gnln.
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