GNLN

#5100
Greenlane Holdings, Inc. - Class A Common Stock
1.9 3 USD
+0.09%
Sector: Consumer Defensive
Base: USD
Profit Currency: USD
Daily Range
1.93
1.93
Year Range
0.27
7.06
Daily Change
+9.04%
Monthly Change
-17.52%
6 month change
+116.61%
Year Change
+116.61%
Previous Close
1.7 7
Open
1.9 3
Low
1.9 3
High
1.9 3
Volume
1
Open full chart

Financials

Overview Statement Statistics Documents

2026

Current report, Q2 FY2026
Greenlane Holdings, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Greenlane Holdings, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Greenlane Holdings, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Greenlane Holdings, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Greenlane Holdings, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Greenlane Holdings, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Greenlane Holdings, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Greenlane Holdings, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Greenlane Holdings, Inc. current report, Q1 FY2026
8-K
Current report, Q1 FY2026
Greenlane Holdings, Inc. current report, Q1 FY2026
8-K

Greenlane Holdings, Inc. current report, Q2 FY2025

Greenlane Holdings, Inc. Form 8-K Summary

Business Context and Reporting Period

This Current Report on Form 8-K was filed by Greenlane Holdings, Inc. (GNLN) on April 4, 2025, reporting events occurring on April 2, 2025. The filing addresses a critical regulatory notice regarding the company's continued listing status on The Nasdaq Capital Market.

Key Financial Metrics

The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The only financial metric disclosed is the stock price performance, which triggered the regulatory action.

Material Changes and Events

  • Delisting Notice: On April 2, 2025, the Company received a notice from Nasdaq stating non-compliance with Listing Rule 5550(a)(2).
  • Reason for Non-Compliance: The closing bid price of the Company's common stock was below the $1.00 per share minimum requirement for 30 consecutive business days.
  • Compliance Period Denial: The Company was denied the standard 180-calendar day compliance period because it effected a reverse stock split within the prior one-year period (per Rule 5810(c)(3)(A)(iv)).
  • Delisting Timeline: Unless an appeal is filed, securities are scheduled for delisting on April 9, 2025, with trading suspension effective April 11, 2025.

Outlook, Management Commentary, and Risks

Management intends to appeal the Delisting Determination by requesting a hearing with a Nasdaq Hearings Panel on or before April 9, 2025. Filing an appeal will stay the delisting pending the panel's decision. The Company explicitly states there are no assurances that a favorable decision will be obtained or that the stock will remain listed. The filing includes standard forward-looking statement disclaimers regarding the uncertainty of the appeal outcome and the ability to regain compliance.

Investor Verification Checklist

  • Verify the status of the appeal filed with the Nasdaq Hearings Panel by April 9, 2025.
  • Monitor the Nasdaq website for the final decision on the delisting determination.
  • Check for any subsequent filings (e.g., Form 25-NSE) confirming the removal of securities from listing.
  • Review the Company's recent 10-K and 10-Q filings for details on the reverse stock split mentioned as the cause for ineligibility for a compliance period.

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