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BTC $62,960.60 -0.10%
ETH $1,878.23 -0.28%
BNB $606.04 -0.21%
XRP $0.9997 -0.45%
SOL $75.26 -0.29%
TRX $0.3310 -0.47%
DOGE $0.0695 -0.89%
ADA $0.1761 -2.37%
BCH $203.32 -0.97%
LINK $9.46 -0.88%
HYPE $56.88 +0.82%
AAVE $85.98 -0.62%
SUI $0.6738 -1.66%
XLM $0.1568 -1.43%
ZEC $484.79 -2.19%

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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