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BTC $63,075.66 +0.42%
ETH $1,882.75 +0.28%
BNB $609.91 +0.61%
XRP $1.00 +0.62%
SOL $75.59 +0.61%
TRX $0.3312 -0.34%
DOGE $0.0699 +0.35%
ADA $0.1776 -0.60%
BCH $203.82 +0.11%
LINK $9.57 +7.18%
HYPE $57.07 +2.44%
AAVE $86.55 +1.20%
SUI $0.6801 +0.61%
XLM $0.1586 +0.10%
ZEC $489.29 -0.14%

Public company Greenlane Holdings announced a $110 million private placement to initiate the BERA financial strategy

2025-10-20 20:34:53

ChainCatcher news, according to stocktitan, the U.S. publicly traded company Greenlane Holdings (GNLN) announced a $110 million PIPE (Private Investment in Public Equity) financing to launch a new digital asset treasury strategy called BeraStrategy, with the BERA token designated as the primary treasury reserve asset.

This PIPE financing includes approximately $50 million in cash and about $60 million worth of BERA tokens, priced at $3.84 per share (with each pre-financing warrant at $3.83). The transaction is expected to be completed on or around October 23, 2025.

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