Greenlane holdings, inc. announces $25.0 million private placement priced at the market under nasdaq rules

Boca raton, fl / access newswire / february 18, 2025 / greenlane holdings, inc. (nasdaq:gnln) (the "company"), one of the premier global sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that it has entered into definitive agreements with institutional investors for the purchase and sale of approximately $25.0 million of shares of common stock and investor warrants at a price of $1.19 per common unit. the entire transaction has been priced at the market under nasdaq rules.
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