Greenlane Holdings Inc. Announces Reverse Stock Split to Regain Nasdaq Compliance

Reuters
03 Jun
<a href="https://laohu8.com/S/GNLN">Greenlane Holdings Inc.</a> Announces Reverse Stock Split to Regain Nasdaq Compliance

Greenlane Holdings Inc. announced plans to implement a reverse stock split following a Nasdaq Hearings Panel decision. The move aims to achieve compliance with Nasdaq's Minimum Bid Price Rule, requiring the company's stock to maintain a minimum closing bid of $1.00. The reverse stock split is part of Greenlane's strategic initiatives to enhance shareholder value and ensure continued listing on the Nasdaq Capital Market.

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