Greenlane (GNLN) Announces Reverse Stock Split to Maintain Nasdaq Listing | GNLN Stock News

Jun 24, 2025

Greenlane Holdings, identified by ticker GNLN, will implement a reverse stock split at a ratio of one-for-750 for its Class A common shares. This change is set to take effect on June 26, 2025, at 5:00 PM Eastern Time, post-market closure on the Nasdaq Capital Market. The company aims for its shares to commence trading under the new structure on June 27, 2025, while retaining the symbol "GNLN." The reverse split is a strategic move by Greenlane to meet Nasdaq's minimum bid price requirements, ensuring the continuation of its listing on the exchange. Post-split, the Class A common stock will carry a new CUSIP number, 395330509.

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