Aegis Capital Corp. acted as Exclusive Placement Agent on a $25.0 Million Private Placement Priced At-the-Market for Greenlane Holdings, Inc. (NASDAQ:GNLN)
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Aegis Capital Corp. facilitated a $25 million private placement for Greenlane Holdings, Inc. (NASDAQ:GNLN), which is priced at-the-market. Greenlane is involved in cannabis accessories and vape devices across the US, Canada, and Europe.
February 20, 2025 | 3:15 pm
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Greenlane Holdings, Inc. (NASDAQ:GNLN) secured a $25 million private placement priced at-the-market, facilitated by Aegis Capital Corp. This funding could support its operations in cannabis accessories and vape devices.
The $25 million private placement provides Greenlane Holdings with additional capital, which can be used to expand or stabilize its operations in the cannabis accessories and vape device market. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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