Greenlane Holdings Regains Compliance with Nasdaq Minimum Bid Price Requirement

About this update from Greenlane Holdings, Inc.

BOCA RATON, Fla., April 27, 2026 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (NASDAQ: GNLN) (“Greenlane” or the “Company”), a publicly traded digital asset treasury company with a strategic focus on BERA, the native digital asset of the Berachain blockchain network, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). Nasdaq further confirmed that the Company is now in compliance with all applicable continued listing standards. As a result, the Company’s Class A common stock will continue to be listed and traded on the Nasdaq Capital Market under the symbol “GNLN.” “We are pleased to have regained compliance with Nasdaq’s minimum bid price requirement,” said Jason Hitchcock, Chief Executive Officer. “Looking ahead, we remain confident in our Berachain-focused digital asset treasury strategy and our ability to create long-term value for stockholders. That confidence is reinforced by the previously announced decision of members of our Board to voluntarily extend the lock-up periods on their warrants, underscoring the alignment of our leadership with stockholders and our shared conviction in the path forward. It is further reinforced by the approach of Berachain Investment Corporation, our largest PIPE financing participant, which has elected to convert pre-funded warrants only up to its current 4.99% beneficial ownership limitation and has reiterated to the Company that it views its position in Greenlane as a long-term strategic investment in the Berachain ecosystem, with no current intention to sell the underlying shares or to convert its remaining pre-funded warrants for a period of twelve months.” About Greenlane Holdings, Inc. Greenlane Holdings, Inc. (Nasdaq: GNLN) is a publicly traded digital asset treasury company and the only Nasdaq-listed company purpose-built to accumulate BERA and actively participate in Berachain’s Proof of Liquidity infrastructure. Greenlane provides regulated, yield-generating exposure to Berachain through a standard brokerage account, with no cryptocurrency wallet, exchange account, or custody infrastructure required. For more information, visit www.gnln.com. Forward-Looking Statements This press release contain...

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