Greenlane Holdings, Inc. 8-K

What Happened

• Greenlane Holdings, Inc. (GNLN) announced on January 7, 2026 that it entered into a Sales Agreement with Yorkville Securities, LLC to potentially offer and sell up to 5,355,687 shares of its common stock through an at-the-market (ATM) program. The company filed a prospectus supplement the same day relating to the offering. Sales, if any, will be made under Greenlane’s effective Form S-3 shelf registration (File No. 333-290085).

Key Details

• Agreement date: January 7, 2026; sales agent: Yorkville Securities, LLC.
• Maximum shares registered for this ATM Offering: 5,355,687 common shares.
• Yorkville may act as agent or principal and will receive up to 3.0% commission on gross proceeds.
• Greenlane has no obligation to sell shares and may suspend or terminate the program; sales will be made consistent with Rule 415 “at the market” methods.
• Legal opinion from Sichenzia Ross Ference Carmel LLP regarding issuance legality is attached to the filing.

Why It Matters

• This ATM gives Greenlane a flexible way to raise capital over time without a single large offering; proceeds will depend on market sales and timing. For investors, the program can lead to dilution if and when shares are sold, and transaction costs (commission) will reduce net proceeds to the company. Because sales are discretionary, the existence of the agreement signals a ready mechanism for financing but does not guarantee any immediate proceeds or changes to the company’s capital structure.