Greenlane Holdings Inc. (NASDAQ:GNLN) has announced a one-for-seven hundred fifty reverse stock split of its Class A common stock, effective June 26, 2025. This move is intended to comply with Nasdaq's minimum bid price requirement. Trading on a post-split basis will begin on June 27, 2025, under the existing symbol "GNLN." The reverse split will not change the total number of authorized shares and will affect all shareholders uniformly.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.