On March 25, 2026, Greenlane Holdings, Inc. held a Special Meeting of Stockholders where significant proposals were voted upon. A total of 2,074,598 shares of the Company’s Class A common stock were represented, which is approximately 41.2% of the total shares outstanding as of the record date of February 25, 2026. The first proposal was to approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to effect a reverse stock split of the Common Stock within a range of 1-for-5 to 1-for-15. This proposal received 1,878,157 votes in favor, 194,308 against, and 2,133 abstentions, indicating strong support from the stockholders. The second proposal, which considered an adjournment of the Special Meeting to solicit additional proxies if necessary, also passed with 1,953,925 votes in favor and 118,968 against. The successful passage of these proposals is expected to have a small positive effect on the stock price as it reflects stockholder confidence in the management's strategic decisions.
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