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ETH $1,546.29 -7.91%
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AAVE $60.27 -10.82%
SUI $0.6919 -3.55%
XLM $0.1949 +1.85%
ZEC $364.91 +8.47%

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

2025-10-20 20:34:53
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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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