Greenlane faces Nasdaq delisting threat after failing $1 minimum bid rule

Reuters03-31

Greenlane faces Nasdaq delisting threat after failing $1 minimum bid rule

Greenlane received Nasdaq notice on March 25, 2026 for failing $1 minimum bid price rule following 30 consecutive business days below threshold from Feb. 10, 2026 to March 24, 2026.
Nasdaq ruled Greenlane ineligible for standard 180-day cure period due to reverse stock splits totaling 1-for-8,250 over past two years.
Nasdaq warned securities face delisting unless Greenlane requests a hearing by April 1, 2026.
Greenlane plans to seek a hearing, which would stay delisting action while appeal is pending.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Greenlane Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-013629), on March 30, 2026, and is solely responsible for the information contained therein.

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