Greenlane Holdings, Inc. Announces $25.0 Million Private Placement Priced at the Market Under Nasdaq Rules
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Greenlane Holdings, Inc. has announced a $25 million private placement of common stock and warrants, priced at the market under Nasdaq rules.
February 18, 2025 | 2:15 pm
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Greenlane Holdings, Inc. has secured a $25 million private placement, involving the sale of common stock and warrants at market price, which could provide the company with additional capital for growth.
The private placement provides Greenlane Holdings with significant capital, which can be used for expansion or operational needs. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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