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Greenlane Holdings Grapples with Nasdaq Compliance Hurdle

Greenlane Holdings Grapples with Nasdaq Compliance Hurdle

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Greenlane Holdings Inc (GNLN) has shared an announcement.

Greenlane Holdings, Inc. is facing a compliance issue with Nasdaq after failing to file its Annual Report for 2023, violating Nasdaq’s Listing Rule 5250(c)(1) which mandates timely financial reporting. The company received a 60-day deadline to submit the report or a compliance plan. If necessary, they could get an extension until mid-October to meet the requirements or appeal to a Nasdaq Hearings Panel. The stock remains listed on Nasdaq, and the company has publicly announced the situation through a press release.

See more data about GNLN stock on TipRanks’ Stock Analysis page.

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